This well-maintained and fully stabilized multifamily property presents a compelling acquisition opportunity in Fort Lauderdale’s Middle River neighborhood. With its close proximity to Downtown Fort Lauderdale, Las Olas, and Flagler Village places the asset within a short distance of major employment centers, retail destinations, and ongoing urban development that support long-term rental demand.
The property’s versatile zoning introduces an optionality to allow for future redevelopment, adaptive reuse, or increased density consistent with surrounding growth patterns. Investors can benefit from predictable in-place income while evaluating redevelopment timing in a supply-constrained neighborhood.
The opportunity combines stable operating income with long-term control of a site located in a zoning district that allows for higher-intensity future development.