Renovated 10-Unit Apartment
2210 NW 7th Ct Fort Lauderdale, FL 33311
For Sale
$1,125,000
Pending
Ten fully leased 2-bedroom units offer renovated kitchens and baths with central split air-conditioning in concrete block construction.
Property Size6,892 SF
Days on Market2797
Property Features for 2210 NW 7th Ct
General Information
- Standard status
- Pending
- Size
- 6,892 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1965
Listing Agency:
(954) 918-4902
Listed By:
Meridian Commercial
(954) 918-4902
Source:
Xome
Added: Nov 28, 2018
Changed: Jul 25
Last Checked: Jul 25 at 2:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Meridian Commercial
Investment Insights
Based on property information with market context.
This architecturally attractive apartment building consists of ten (10) oversized 2-bed, 1-bath units, all reported to be 100% leased. The property includes renovated kitchens and bathrooms, unique floor plans, central split air-conditioning, concrete block construction, and a concrete roof.
The building is offered for sale at 2210 NW 7th Ct in Fort Lauderdale, Florida.
For tenants seeking well-configured, individually laid-out apartments, the combination of renovated interior finishes and climate control supports comfortable day-to-day use. The concrete block and concrete roof construction are presented as durable building features supporting the multifamily asset.
The building is offered for sale at 2210 NW 7th Ct in Fort Lauderdale, Florida.
For tenants seeking well-configured, individually laid-out apartments, the combination of renovated interior finishes and climate control supports comfortable day-to-day use. The concrete block and concrete roof construction are presented as durable building features supporting the multifamily asset.
Key Highlights
- Ten (10) oversized 2‑bed / 1‑bath apartment units at 2210 NW 7th Court, Fort Lauderdale, FL 33311
- All units are 100% leased
- Renovated kitchens and bathrooms
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $198.5k | $28.80 |
| − Vacancy | −$10.3k | −$1.50 |
| EGI | $188.2k | $27.30 |
| − OpEx | −$84.7k | −$12.29 |
| NOI | $103.5k | $15.02 |
6,892 SF · lease $28.80/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.48M
$1.29M – $1.72M
NOI $103,492 @ 7.0% cap · market cap 9.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.63M
$4.05M – $5.40M
NOI $324,200 @ 7.0% cap · market cap 28.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Ten fully leased 2-bedroom units offer renovated kitchens and baths with central split air-conditioning in concrete block construction.
Where is this apartment building located?
The property is located at 2210 NW 7th Ct Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Ten (10) oversized 2‑bed / 1‑bath apartment units at 2210 NW 7th Court, Fort Lauderdale, FL 33311; All units are 100% leased; Renovated kitchens and bathrooms
