828-840 NE 15th Ave - Apartments FOR SALE


Fort Lauderdale, FL 33304- Victoria Park
$3,550,000 USD
954-494-3091
828-840 NE 15th Ave, Fort Lauderdale, FL for Sale
$3,550,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

828-840 NE 15th Ave
Fort Lauderdale, FL 33304
Victoria Park


OVERVIEW

Located in the heart of Fort Lauderdale, the area surrounding the property offers a diverse array of amenities for local residents. Just moments away, the renowned Las Olas Boulevard beckons with its upscale dining, luxury retail, and vibrant cultural scene. The thriving downtown district provides access to business services, dining, and entertainment, while the nearby Riverwalk serves as a scenic backdrop for leisurely strolls and outdoor events. With its proximity to beautiful beaches, parks, and major transportation routes, the location presents an ideal blend of urban accessibility and coastal allure, making it an enticing area for new residential infill development in Fort Lauderdale. Prime investment opportunity in the sought-after East Fort Lauderdale area, this property boasts RMM-25 zoning, catering to upscale residential townhouse development . The property comprises approximately 20,250 square feet (.467 acres) which allows for the development of up to 12 units depending on size and setbacks . With its strategic positioning in the thriving Victoria Park submarket, this property is a compelling prospect for quality developers seeking to capitalize on the area's residential potential and contribute to its ongoing evolution.

FOR SALE DETAILS

PRICE

$3,550,000 USD

PRICE/SF

$577 USD /SF

# OF UNITS

10

PRICE/UNIT

$355,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

RMM-25

APN/PARCEL ID

49-42-34-06-0750,49-42-34-06-0770

ASK ABOUT THIS PROPERTY

Steve HyattBerger Commercial Realty CorpMore Info
954-494-3091

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Steve HyattBerger Commercial Realty CorpMore Info
954-494-3091

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