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Property profile & analytics
OFF-MARKET
Apartment buildings

1207 Broward Blvd Fort Lauderdale, FL 33301

2,392 SF Built 1959
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 1959
Total area 2,392 SF
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
  • Broward DDS Dental Office
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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