2633 Middle River Drive, Fort Lauderdale, FL 33306
MULTI_FAMILY - Fort Lauderdale, FL
- Added:
- Apr 2, 2026
- Days on Market:
- 81
- Last Refresh:
- Jun 21 at 6:06 pm
Property Features for 2633 Middle River Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RMM-25
- Bedrooms
- 1
- Rooms
- Bathroom 3, Bedroom 1, Bathroom 1, Bathroom 2
- Pets allowed
- Cats OK, Yes, Dogs OK
- Exterior features
- Barbecue, Private Rooftop Terrace
- Standard status
- Active
- APN
- 494225045280
- Size
- 4,854 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CORAL RIDGE GALT ADD NO 1 31-37 B LOT 19 BLK 66
- Tax Annual Amount
- 23753
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Cooling system
- Window Unit(s), Central Air, Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1957
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile - Ceramic
- Building materials
- Cement Siding, Concrete
- Roof type
- Concrete
Listing agent Hector Vidaurre License #654358 (954) 253-1943
Listing office RE/MAX Select Group 10175 W Sunrise Blvd, Parkland, FL (954) 368-8000
Listing date Apr 2, 2026
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 6‑unit multifamily built in 1957 with four 1‑bedroom/1‑bath apartments and two studio units
- Full impact glass throughout; rooftop terrace with barbecue and cement‑siding exterior
- Currently generating $128,542 in gross income, with below‑market rents reported in the listing
- Four units tastefully updated; remaining two units in very clean condition
- 2.5 miles from the beach and east of Federal (as stated); Fort Lauderdale location from listing data
- Public water and public sewer; cooling includes central air plus window/wall units; roof is concrete
Overview
The property is located at 2633 Middle River Drive in Fort Lauderdale, east of Federal and about 2.5 miles from the beach. The lot size is listed at 0.23 acres, and the property size is reported as 4,854 square feet. Zoning is listed as RMM-25.
For buyers or operators seeking a compact rental portfolio, the unit mix supports both 1-bedroom and studio tenant profiles in a single asset. With the majority of units described as updated and all units maintained in clean condition, the property may be well-suited for an ownership strategy focused on steady residential operations. Current gross income reporting and the stated tenant situation can provide a baseline for underwriting and tenant management planning.
Local 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 | $139.8k | $28.80 |
| − Vacancy | −$7.3k | −$1.50 |
| EGI | $132.5k | $27.30 |
| − OpEx | −$59.6k | −$12.29 |
| NOI | $72.9k | $15.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.115382
- Latitude
- 26.161253
