1207 Broward Blvd Fort Lauderdale, FL 33301
- Apartment buildings
- 2,392 SF
Current Use by Public Records
- Broward DDS / Dental Implants Periodontist / Endodontist
Property Details for 1207 Broward Blvd
- Year built
- 1959
- Property size
- 2,392 SF
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents a 4-unit apartment building located at 1207 E Broward Blvd, Fort Lauderdale, FL 33301. The property, built in 1959 and extensively renovated in 2020, boasts a total of 2,392 square feet of net rentable space situated on a generous 6,750 square foot lot. The building comprises one single-story structure and features a diverse unit mix: one 2-bedroom/2-bathroom unit, two efficiency units, and one 1-bedroom/1-bathroom unit. Currently operating as an apartment building, the property's RO (Residential Office) zoning allows for flexible use, presenting an ideal opportunity for redevelopment into a small owner-user office building. Its prime location in Victoria Park offers close proximity to downtown Fort Lauderdale, Las Olas Boulevard, and Flagler Village, areas experiencing significant redevelopment. The property's strategic location and zoning flexibility, combined with its recent renovations and strong rental potential, make it a compelling investment prospect in a rapidly growing market. The asking price is $1,300,000. This is a rare chance to acquire a well-maintained property with significant upside potential in a highly desirable 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
- -80.131
- Latitude
- 26.1229
