640 10Th Ter Fort Lauderdale, FL 33311
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Five-unit apartment building, prime location.
Property size:
4,095 SFProperty Features for 640 10Th Ter
General Information
- Property type
- Multifamily properties
- Square Feet
- 4,095 SF
Building Details
- Year Built
- 1958
- Stories
- 1
Listing Agent: Nicole Faur
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a five-unit apartment building ideally situated in the heart of Fort Lauderdale, Florida, at 640 NW 10th Ter, 33311. The property, known as PROGRESSO, boasts a total of 4,095 square feet and comprises three detached buildings, offering tenants enhanced privacy. Built in 1958, this single-story structure is conveniently located near the vibrant Las Olas shops, beautiful beaches, various stores, and schools, ensuring high occupancy rates and strong rental income potential. The property's strategic location within Broward County makes it an attractive investment for both seasoned and aspiring real estate investors. The asking price for this multifamily property is $1,000,000. While hard money financing options are available with a 50% down payment, the seller is open to considering other financing arrangements. This presents a unique opportunity to acquire a well-maintained, income-generating asset in a highly desirable Florida location. The property's layout and location combine to create a strong investment opportunity with significant potential for future appreciation. This is a rare chance to own a piece of Fort Lauderdale's thriving real estate market.
Property Profile
Location Intelligence
Current Use by Public Records
Small apartment buildings
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1552981
- Latitude
- 26.1309393
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FAQs
What type of property is this?
Multifamily property - Five-unit apartment building, prime location.
Where is this multifamily property located?
The property is located at 640 10Th Ter Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: $1,000,000 asking price for this multifamily investment opportunity.; 4,095 square foot apartment building located in Fort Lauderdale, FL.; Property consists of five apartments in three detached buildings.
