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Property profile & analytics
OFF-MARKET
Apartment buildings

1109 6Th Ave Fort Lauderdale, FL 33304

Built 1973
Property ID
Property summary
AI-generated overview

This exceptional three-unit apartment building presents a compelling investment opportunity in the desirable East Fort Lauderdale area, at an asking price of $890,000. Built in 1973, this single-story triplex has undergone a complete renovation, boasting brand-new vinyl flooring, modern kitchen cabinets, granite countertops, and updated appliances throughout all three units. Each unit benefits from impact windows, enhancing security and peace of mind for both owners and tenants. Tenant convenience is maximized with an on-site coin-operated laundry facility. The property also features ample parking, meticulously maintained landscaping, and a history of strong tenancy. Its prime location offers easy access to downtown Fort Lauderdale, the Galleria Mall, Wilton Drive's vibrant atmosphere, and the beautiful beaches, making it highly attractive to renters. This property is situated at 1109 NE 6th Ave, Fort Lauderdale, FL 33304, within Broward County. The strong rental income potential and desirable location combine to create a robust investment opportunity with a high cap rate. This renovated triplex offers worry-free ownership and significant return on investment.

Property profile
Verified
Property type Apartment buildings
Year built 1973
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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