731-733 NE 7th Ave - Apartments FOR SALE


Fort Lauderdale, FL 33304- Victoria Park
$2,025,000 USD
954-595-2999
731-733 NE 7th Ave, Fort Lauderdale, FL for Sale
$2,025,000 USD
Apartments - FOR SALE
1/23
null | Request Cap Rate

731-733 NE 7th Ave
Fort Lauderdale, FL 33304
Victoria Park


HIGHLIGHTS

  • 9-unit multifamily property across two buildings
  • Unit mix: (1) studio, (6) 1BR/1BA, (2) 2BR/1BA units
  • Zoned RMM-25 allowing for increased density and redevelopment potential
  • Located near Downtown Fort Lauderdale, Flagler Village, and Wilton Manors

OVERVIEW

Native Realty is pleased to present a 9-unit multifamily investment opportunity located at 731–733 NE 7th Avenue in Fort Lauderdale. The property consists of two buildings totaling approximately 4,959 square feet, situated on a 10,125 square foot lot in a rapidly developing urban corridor. The asset features a well-balanced unit mix including one studio/1-bath unit, six 1-bedroom/1-bath units, and two 2-bedroom/1-bath units, appealing to a wide range of tenants. The units offer functional layouts with tile flooring, ample natural light, and updated interiors in select units, providing a clean and attractive living environment. The property includes on-site parking and a combination of building styles, offering both private and shared outdoor spaces. The units benefit from shared yard areas, enhancing tenant appeal and supporting long-term retention. The layout and configuration provide operational efficiency while maintaining a residential feel. Zoned RMM-25 (Residential Multifamily Mid-Rise), the property allows for increased density and future redevelopment potential, making it attractive for both yield-focused investors and long-term value-add strategies. Strategically located just minutes from Downtown Fort Lauderdale, Flagler Village, and Wilton Manors, the property is positioned within a high-demand rental market driven by ongoing development, employment growth, and proximity to major transportation corridors. This offering presents an opportunity to acquire a stabilized, income-producing asset with additional upside potential in one of Fort Lauderdale’s most active and evolving submarkets.

FOR SALE DETAILS

PRICE

$2,025,000 USD

PRICE/SF

$226 USD /SF

# OF UNITS

9

PRICE/UNIT

$225,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,123 SF

ZONING

RMM-25

APN/PARCEL ID

49-42-34-07-2750

ASK ABOUT THIS PROPERTY

Jaime SturgisNative Realty Co.More Info
954-595-2999

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Jaime SturgisNative Realty Co.More Info
954-595-2999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.