Property summary
This exceptional investment opportunity presents a four-unit townhome complex located in desirable Fort Lauderdale, Florida, at 1740-1746 N Dixie Hwy, zip code 33305. Built in 2008, this three-story building offers four fee-simple townhomes, each boasting three bedrooms (one currently used as a den), 3.5 bathrooms, high ceilings, and impact-rated windows. Modern finishes include stainless steel appliances and granite countertops. Each unit features a private patio, a master suite with a balcony, and a two-car garage. Individual water and electricity meters provide efficient utility management. Currently leased below market rates, this property presents a significant value-add opportunity with substantial potential for increased rental income. The current annual income is $146,400, offering a strong foundation for future growth. This is a rare chance to acquire a well-maintained, no-HOA property in a prime Fort Lauderdale location, promising a compelling return on investment. The property is situated in Broward County and offers a unique blend of luxury and investment potential. This turnkey investment is ready for a discerning buyer seeking immediate cash flow and long-term appreciation.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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