1949 Riverside Dr Fort Lauderdale, FL 33312
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1949 Riverside Dr
- Year built
- 1966
- Property type
- Small apartment buildings
Description
This exceptional 2-unit apartment building, located at 1949 Riverside Drive in Fort Lauderdale, Florida, presents a fantastic investment opportunity. Built in 1966, this single-story duplex has undergone a complete renovation, resulting in a property that is essentially like new. The renovation included a comprehensive update of all electrical systems, kitchens, bathrooms, and air conditioning. All appliances are brand new, and the property boasts new flooring, plumbing, and landscaping. The roof was replaced in 2017, ensuring long-term peace of mind. Situated in a quiet neighborhood, this property offers convenient access to the beach, being located east of I-95. The property's address is 1949 Riverside Drive, Fort Lauderdale, FL 33312, within Broward County. The asking price for this turnkey investment is $699,999. This meticulously renovated duplex is ready for immediate occupancy and offers strong potential for rental income. The property's location and recent upgrades make it an attractive option for both seasoned investors and those new to the multifamily market. The quiet neighborhood and proximity to the beach add to its desirability. This is a rare opportunity to acquire a fully renovated, move-in ready duplex in a highly sought-after location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.167103
- Latitude
- 26.1094301
