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Property profile & analytics
OFF-MARKET
Apartment buildings

615 9Th Ave Fort Lauderdale, FL 33304

Built 1957
Property ID
Property summary
AI-generated overview

This turnkey investment opportunity presents a fully renovated six-unit multifamily property situated in Fort Lauderdale's desirable Victoria Park neighborhood. The complex comprises two buildings: one with three apartments (two 2-bedroom/1-bathroom units and one 3-bedroom/2-bathroom unit), and a second building featuring two 1-bedroom/1-bathroom apartments and a convertible office space suitable for use as an additional studio apartment. Each unit is fully furnished and equipped for short-term or vacation rentals, maximizing rental income potential. Residents enjoy shared amenities including a heated pool, a grilling patio, two laundry rooms, and assigned parking spaces. The property boasts modern upgrades such as impact windows and doors, and an electric vehicle charging station. The buildings are located less than ten minutes from the beach, restaurants, and parks, offering prime rental location advantages. Building 615 (folio #494234074180) houses three units, while Building 617 (folio #494234074170) contains two units and the office space. Built in 1957, this single-story complex is offered at $2,995,000.

Property profile
Verified
Property type Apartment buildings
Year built 1957
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Villa Tunis Vacation Rental Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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