615 9Th Ave Fort Lauderdale, FL 33304
- Apartment buildings
Current Use by Public Records
- Villa Tunis / Vacation Home Rental Agency / Homestay
Property Details for 615 9Th Ave
- Year built
- 1957
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a fully renovated six-unit apartment complex ideally situated in Fort Lauderdale's desirable Victoria Park neighborhood. Priced at $2,995,000, this property comprises two separate buildings, each housing three apartments. Building 615 (folio #494234074180) features two 2-bedroom/1-bathroom units and one 3-bedroom/2-bathroom unit. Building 617 (folio #494234074170) offers two 1-bedroom/1-bathroom units and one studio apartment. All units are fully furnished and equipped for short-term and vacation rentals, maximizing rental income potential. Residents enjoy access to shared amenities including a heated pool, a grill patio, two laundry rooms, and assigned parking spaces. The property boasts impact windows and doors, enhancing security and energy efficiency. An EV charging station adds a modern convenience. Located less than ten minutes from the beach, dining, and parks, this property benefits from a prime location in a high-demand rental area. This turnkey investment is perfect for seasoned investors or those seeking entry into the lucrative Florida real estate market. The property was built in 1957 and is a single-story structure.
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
- -80.1344
- Latitude
- 26.1307