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505 20Th St Fort Lauderdale, FL 33316

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For Sale
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Six-unit apartment complex, prime location.

Property size:
3,035 SF

Property Features for 505 20Th St

General Information

Property type
Multifamily properties
Square Feet
3,035 SF

Building Details

Year Built
1958
Buildings
2
Stories
2
Units
6

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Listing Contact
Attila Yildiz
Attila Yildiz

Listing Agent: Attila Yildiz

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a six-unit multifamily property nestled in the heart of Fort Lauderdale, Florida. The complex, situated on a 6,977 square foot lot, comprises two buildings, each two stories high, totaling 3,035 square feet. Built in 1958, the property boasts six fully furnished units: two two-bedroom/one-bathroom units, two one-bedroom/one-bathroom units, and two studio units. Each unit is equipped with a kitchen and ample closet space, featuring wood and tile flooring throughout. Ten parking spaces are available for residents, along with convenient on-site laundry facilities. The asking price is $1,799,000, translating to $299,833.33 per unit and $592.75 per square foot. This property offers exceptional access to Port Everglades, Fort Lauderdale-Hollywood International Airport, major roadways, shopping, dining, parks, and public transportation. Its proximity to the renowned white sandy beaches of Fort Lauderdale further enhances its desirability. The property is not subject to a ground lease. The APN is 504215104750. This is a rare chance to acquire a well-maintained, income-producing multifamily property in a highly sought-after location.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Randy's crew house ... Hotel & Motel

Suggested Use

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

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

Location Insight

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  • Local Demand
City
Fort Lauderdale
County
Broward
State
Florida
Longitude
-80.137473
Latitude
26.0967764

FAQs

What type of property is this?
Multifamily property - Six-unit apartment complex, prime location.
Where is this multifamily property located?
The property is located at 505 20Th St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: $1,799,000 asking price for a six-unit apartment building in Fort Lauderdale, FL.; Six units total, comprised of two 2-bedroom/1-bathroom units, two 1-bedroom/1-bathroom units, and two studio units.; All units are fully furnished with kitchens and ample closet space; wood and tile flooring throughout.
(786) 333-3727 Call to check price and availability
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