For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Fort Lauderdale Multifamily Investment Opportunity Title is generated by Realmo AI

    720 Harris Terrace, Fort Lauderdale, FL 33311

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Remodeled 8-unit multifamily property with redevelopment potential.

    Type:Multifamily
    Property size:
    11,000 SF
    Price / SF:
    $113/SF
    Added:
    May 29, 2024
    Days on Market:
    741
    Last Refresh:
    May 12 at 10:00 pm

    Property Features for 720 Harris Terrace

    General Information

    Standard status
    Active
    Size
    11,000 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1965

    We can help!

    Listing Contact
    Andres Yilo

    Listing agent Andres Yilo License #3451303

    Listing office 305 International Realty, LLC.

    Listing date May 29, 2024

    Source Crexi

    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 305 International Realty, LLC.

    HighLights

    • Gut remodeled in 2023 with permits, including new electric, A/Cs, parking lot, motorized gate, and light fixtures.
    • New roof installed approximately two weeks ago.
    • Multifamily property with 8 units (7 studios and 1 two‑bedroom).
    • Studio rents range from $1250-$1400, and the two‑bedroom unit rents for $1900.
    • Large 11,000 sq ft lot, potentially suitable for future redevelopment.
    • Located in an area with upcoming growth due to Sistrunk Avenue redevelopments.

    Overview

    This multifamily property features 8 units, including 7 studios and 1 two-bedroom, one-bathroom apartment. The studios rent for between $1250 and $1400, while the two-bedroom unit rents for $1900. In 2023, the property underwent a complete gut remodel with permits, including new electrical systems, air conditioning units, a parking lot, a motorized gate, and light fixtures. The entire roof was replaced approximately two weeks ago. The property is situated on a large lot of approximately 11,000 square feet, potentially making it suitable for future redevelopment. It is located in an area experiencing upcoming growth due to Sistrunk Avenue redevelopments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1754687
    Latitude
    26.1322323

    FAQs

    What type of property is this?
    Apartment building - Remodeled 8-unit multifamily property with redevelopment potential.
    Where is this apartment building located?
    The property is located at 720 Harris Terrace Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Gut remodeled in 2023 with permits, including new electric, A/Cs, parking lot, motorized gate, and light fixtures.; New roof installed approximately two weeks ago.; Multifamily property with 8 units (7 studios and 1 two‑bedroom).
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message