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Property profile

1016 6Th Ave Fort Lauderdale, FL 33311

OFF-MARKET
Apartment buildings
Property ID
US18-6601516
Built 1985
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Property summary

AI-generated overview

This exceptional one-story duplex in desirable Fort Lauderdale, Florida, presents a compelling investment opportunity. Built in 1985, the property is located at 1016 NW 6th Ave, Fort Lauderdale, FL 33311, in Broward County. The asking price is $550,000. This multifamily property, classified as an apartment building and specifically a duplex/triplex/quadruplex, offers significant potential for rental income generation. Its location within Fort Lauderdale ensures strong tenant demand and potential for future property value appreciation. The property's single-story design simplifies maintenance and management. Investors seeking a stable, income-producing asset in a thriving market will find this duplex an attractive addition to their portfolio. The property's precise configuration (duplex, triplex, or quad) is not specified, but its classification suggests multiple units. This presents a chance to capitalize on the robust rental market in Fort Lauderdale. Further due diligence is recommended to fully assess the property's income potential and operational characteristics. The property's geographic coordinates are 26.1373633 latitude and -80.1497089 longitude.

Property profile

Verified
Property type Apartment buildings
Year built 1985
UPID US18-6601516

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1016 6Th Ave Fort Lauderdale, FL 33311
Fort Lauderdale metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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