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Gelfand Realty Miami Properties for Sale - Income/MultiFamily for Sale

202 NW 14TH AVE #202, FORT LAUDERDALE, FL 33311

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Income/MultiFamily - for Sale

202 NW 14TH AVE #202, FORT LAUDERDALE, FL 33311

Asking Price$5,200,000 Change Price$200,000

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  • Days on market:

    38 day(s)
  • Original Price:

    $5,400,000
  • Tax Legal Description:

    SEMINOLE FOREST 14-16 B PORTION LOT 11 BLK 3 DESC AS: COMM SE COR LOT 9,W 107.40 ALG S/L TO POB,W 38.79,NWLY ARC DIST 23.60,N 35.93,E 53.83,
  • Property Type:

    Income/MultiFamily
  • Inclusions:

    Leases
  • Lease Term Remaining:

    Annual Lease
  • Construction Type:

    Concrete Block Construction
  • Cooling Description:

    Central Individual A/C
  • Heating Description:

    Central Individual A/C
  • Floor Description:

    TileVinyl
  • Special Listing Conditions:

    Sale
  • Lot Features:

    City Location

Description

$5,200,000

Exceptional investment opportunity featuring 17 stabilized, fully leased townhomes within a 38-unit residential community in fort lauderdale, fl. most units include newer central a/c systems for long-term durability and tenant satisfaction. mix of 1-car and 2-car garages enhances tenant appeal and functionality. seller holds valuable builder rights, granting full control over the hoa and strategic influence over community operations. tenants pay for their own water and electricity, providing operational efficiency and reduced owner expenses. strong in-place rental income, minimal management requirements, and a prime location near major highways, schools, shopping, and vibrant downtown fort lauderdale.
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