505 SE 20th St, Fort Lauderdale, FL 33316

Building Details

Year Built

1958

Listing agent Attila Yildiz License #3276282

Listing office Coldwell Banker Realty

Listing date Jul 2, 2024

Source Crexi

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Overview

This multifamily complex is located in Fort Lauderdale and features six fully furnished units. The unit mix includes two 2-bedroom/1-bath units, two 1-bedroom/1-bath units, and two studios. All units are equipped with kitchens and closet space. The property includes 10 parking spots and on-site laundry facilities. The units feature wood and tile floors. The location provides access to Port Everglades, Fort Lauderdale-Hollywood International Airport, major roadways, shopping, dining, public parks, and public transportation. The property has been used for Airbnb management and has a yearly revenue of $160,000 with 86% occupancy. The property size is 3,035 square feet.

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

• Map
• Local Demand

City

Fort Lauderdale

County

Broward

State

Florida

Longitude

-80.1374561

Latitude

26.0968238

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FAQs

What type of property is this?

Apartment building - Six fully furnished units near beaches and airport.

Where is this apartment building located?

The property is located at 505 SE 20th St Fort Lauderdale, FL.

What is the asking price?

The asking price for this property is $1,490,000.

What are key features of this property?

This property features: High income potential: Proven Airbnb revenue of $160k per year with 86% occupancy.; Includes 6 fully furnished units, ready for immediate rental or occupancy.; Multi‑unit complex features a mix of unit types (2Bed/1Bath, 1Bed/1Bath, and Studios).