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Waterfront 16-Unit Apartment Building
For Sale
$2,250,000
Pending

1401 NE 57 PLACE, Fort Lauderdale, FL 33334

Updated units, on-site parking, and a residential waterfront setting support this multifamily property.

Property Size32,000 SF
Days on Market4111

Property Features for 1401 NE 57 PLACE

General Information

Standard status Pending
Size 32,000 SF
Property subtype General Commercial

Amenities

3
24 Parking Spaces.

Building Details

Year Built 1970
Tenancy Multi
Listing Agency: Berkshire Hathaway FL Realty
Listed By: Lydia Price
Source: Xome
Added: May 8, 2015 Changed: Jul 31 Last Checked: Jul 31 at 1:56PM

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 Berkshire Hathaway FL Realty

Investment Insights

Based on property information with market context.

Waterfront apartment property with 16 updated units in a residential setting on a cul-de-sac in Coral Ridge Isles. The property includes 24 parking spaces and was built in 1970.

The property is located near schools, shopping, and the beach. The sale includes 1404 NE 57 PL, providing an additional component to the offering.

Key Highlights

  • 16 updated apartment units
  • Waterfront property on a cul‑de‑sac in Coral Ridge Isles
  • 24 parking spaces

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store Nursing Home Catering Service Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,297
Businesses Nearby

Demographics for 33334, FL

30,138
Population
14,314
Households
2.1
Avg Household Size
44
Median Age
33%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
6,279
Density / Sq Mi
$69,512
Median Household Income
$36,895
Median Earnings
$1,615
Median Rent
$430,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated units, on-site parking, and a residential waterfront setting support this multifamily property.
Where is this apartment building located?
The property is located at 1401 NE 57 PLACE Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 16 updated apartment units; Waterfront property on a cul‑de‑sac in Coral Ridge Isles; 24 parking spaces
More about this property
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