2439 42Nd Ave Davie, FL 33317
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 2439 42Nd Ave
- Year built
- 1979
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a three-unit apartment building ideally situated in Davie, Florida, at 2439 SW 42nd Ave, zip code 33317. Built in 1979, this single-story property offers a blend of convenience and income potential. The building comprises three units: two two-bedroom, one-bathroom apartments and one studio apartment. Both two-bedroom units are equipped with central air conditioning. The property boasts a desirable location, providing easy access to major roadways including 441, I-595, the Turnpike, I-95, and I-75, ensuring convenient commutes for tenants. The property also includes a pleasant yard space. Currently, the rental income is below market value due to long-term tenants, presenting a significant opportunity for increased profitability upon lease renewals or vacancy. The property is being sold "as-is," and prospective buyers should be aware that a minimum of 24 to 48 hours' notice may be required for showings to avoid disturbing the current tenants. This is a fantastic chance to acquire a multifamily property in a prime location with considerable upside potential. Serious inquiries only.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Davie
- County
- Broward
- State
- Florida
- Longitude
- -80.2058
- Latitude
- 26.0902
