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    2756 32Nd St Fort Lauderdale, FL 33306

    For Sale
    $1,629,000

    Fort Lauderdale investment opportunity: 5 updated units.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional fiveplex in Fort Lauderdale, Florida presents a compelling investment opportunity. Located at 2756 NE 32nd St, 33306, this property boasts five turnkey residences, offering a blend of convenience and income potential. Four units feature one bedroom and one bathroom, with one unit including an enclosed private terrace. A larger, two-bedroom, one-bathroom unit also includes a private enclosed terrace. All units have undergone recent renovations, showcasing updated European kitchen cabinets, granite countertops, ceramic flooring, frameless shower doors, keyless entry systems, and hurricane impact windows and doors. Built in 1959, this single-story building benefits from a new roof installed in 2018, ensuring long-term structural integrity. The property is fully enclosed, providing privacy and security, and features simple, low-maintenance landscaping. A shared courtyard and on-site community laundry add to the property's appeal and generate additional income streams. Ample parking is available with 14 assigned spaces plus guest parking. The property's RMM-25 zoning designation offers further development potential. Its prime location, minutes from Fort Lauderdale Beach and close to shopping, restaurants, and entertainment, makes it an ideal investment for those seeking strong rental income and potential appreciation. The asking price is $1,629,000.

    Property Features for 2756 32Nd St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1959
    Buildings
    1
    Stories
    1

    HighLights

    • $1,629,000 asking price.
    • Multifamily property, Apartment Building, Fiveplex.
    • Located in Fort Lauderdale, FL, 33306.
    • Built in 1959, one‑story building.
    • Five turnkey units: four 1BD/1BA, one 2BD/1BA; updated kitchens and baths, hurricane impact windows/doors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Exterior Painters & Drywalls ... Painter

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1093894
    Latitude
    26.1682392

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    FAQs

    What type of property is this?
    Multifamily property - Fort Lauderdale investment opportunity: 5 updated units.
    Where is this multifamily property located?
    The property is located at 2756 32Nd St Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $1,629,000.
    What are key features of this property?
    This property features: $1,629,000 asking price.; Multifamily property, Apartment Building, Fiveplex.; Located in Fort Lauderdale, FL, 33306.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2756 32Nd St Fort Lauderdale, FL 33306
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