Fort Lauderdale Multifamily Investment
720 Harris Terrace Fort Lauderdale, FL 33311
For Sale
Contact for pricing
Remodeled 8-unit multifamily property with redevelopment potential.
Property Size11,000 SF
Price / SF$113.64
Days on Market786
Property Features for 720 Harris Terrace
General Information
- Standard status
- Active
- Size
- 11,000 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1965
Listing Agency:
305 International Realty, LLC.
Listed By:
Andres Yilo · License #3451303
Source:
Crexi
Added: May 29, 2024
Changed: Jul 6
Last Checked: Jul 21 at 6:24AM
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.
Investment Insights
Based on property information with market context.
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.
Key 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).
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
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).
