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Fort Lauderdale Multifamily Investment Opportunity
For Sale
$1,445,000

2633 Middle Riv Dr 1-6, Fort Lauderdale, FL 33306

Well-maintained 6-unit property near the beach with income potential.

Days on Market107

Property Features for 2633 Middle Riv Dr 1-6

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1957
Listing Agency: RE/MAX Select Group
Listed By: Hector Vidaurre · License #654358
Source: Elliman
Added: Apr 15 Changed: Jul 10 Last Checked: Jul 29 at 1:10PM

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 RE/MAX Select Group

Investment Insights

Based on property information with market context.

This 6-unit multifamily property is located approximately 2.5 miles from the beach, east of Federal in Fort Lauderdale. The property consists of four 1-bedroom/1-bath apartments, two of which are described as exceptionally large, and two studio units. The property is currently generating a gross income of $119,892. Four units have been updated, and the remaining two are described as being in very clean condition. The property has stable, long-term tenants. The location has a bike score of 42, indicating it is somewhat bikeable, a walk score of 44, indicating car-dependent, and a transit score of 29, indicating some transit options are available.

Key Highlights

  • Excellent location: Just 2.5 miles from the beach and east of Federal Highway.
  • Strong income potential: Currently generating $119,892 gross income with below‑market rents.
  • Well‑maintained 6‑unit multifamily property.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Daycare Center Auto Parts Store Electrical Service Bakery Parking Lot & Garage (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

2,983
Businesses Nearby

Demographics for 33306, FL

3,526
Population
2,109
Households
1.7
Avg Household Size
53
Median Age
44%
College-Educated
96%
High-School Grad
0.9 sq mi
ZIP Area
3,918
Density / Sq Mi
$82,375
Median Household Income
$77,118
Median Earnings
$1,369
Median Rent
$469,800
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 - Well-maintained 6-unit property near the beach with income potential.
Where is this apartment building located?
The property is located at 2633 Middle Riv Dr 1-6 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,445,000.
What are key features of this property?
This property features: Excellent location: Just 2.5 miles from the beach and east of Federal Highway.; Strong income potential: Currently generating $119,892 gross income with below‑market rents.; Well‑maintained 6‑unit multifamily property.
More about this property
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