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    Apartment buildings

    725 4Th Ave, Fort Lauderdale, FL 33311

    Built 1962
    Property ID
    Property summary
    AI-generated overview

    This exceptional one-story, 1962-built multifamily property located at 725 NW 4th Ave, Fort Lauderdale, FL 33311, presents a compelling investment opportunity. Priced at $900,000, this apartment building offers four units, generating strong rental income. The building is in excellent condition, with all units currently occupied and well-maintained. Three units boast one bedroom and one full bathroom each, while the fourth unit features two bedrooms and two full bathrooms. Current rental rates are below market value, presenting immediate potential for increased revenue. Situated in Broward County, this property benefits from a prime Fort Lauderdale location. The building's solid construction and high occupancy rate make it an attractive investment for both seasoned and new investors seeking a stable and profitable venture in the Florida market. This is a turnkey operation ready to generate immediate cash flow. The property's strong performance history and potential for future appreciation make it a truly exceptional opportunity. The address is easily accessible and situated in a desirable area of Fort Lauderdale. This is a rare chance to acquire a well-maintained, income-producing property in a thriving market.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1962
    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
    • Latoya and Rob Nightclub Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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