FLL Paradise Villas, located at 821–825 NW 10th Terrace in Fort Lauderdale, presents a rare opportunity to acquire a fully stabilized, 16-unit multifamily asset in one of South Florida’s most sought-after rental markets. Positioned just minutes from Downtown Fort Lauderdale, the property offers excellent connectivity to I-95 and major transportation corridors, providing tenants with convenient access to employment centers, retail, dining, and everyday essentials. This 100% occupied apartment building benefits from strong in-place tenancy and attractive fundamentals, supported by Broward County’s historically steady rental demand and continued population growth. The surrounding market has experienced sustained absorption and renter demand driven by economic expansion and inbound migration trends. Investors will appreciate the stability of current occupancy as well as the upside associated with newly implemented rental rates. Offered at $2,688,000 ($168,000 per unit), the property features a pro forma NOI of $278,400, reflecting a projected cap rate of 6.2% based on updated rents. This pricing positions FLL Paradise Villas as a compelling investment opportunity relative to replacement cost and prevailing market valuations. With its strategic location, strong income profile, and long-term growth potential, this asset is well-suited for investors seeking stable cash flow in a high-demand submarket. New images and additional due diligence materials will be provided shortly. For more information, please contact Fred Stuebing. ________________________________________