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Property profile & analytics
OFF-MARKET
Assisted living facilities

1910 56th St Fort Lauderdale, FL 33308-2452

1,933 SF 0.17 ac lot Built 1960
Individually Owned 24-yr Hold ~ Est. High Equity
Property ID
US18-1413819
Property summary
AI-generated overview

This exceptional investment opportunity presents a 4-unit, 2-bathroom multifamily property in desirable Fort Lauderdale, Florida. Originally constructed in 1960 as a duplex, the property has been successfully operated as a licensed 7-bed assisted living facility. Currently delivered vacant, this presents a unique chance for an investor to either continue operating it as an assisted living facility or repurpose the space to suit their needs. The property boasts a screened-in pool and a shed, adding to its appeal. Situated at 1910 NE 56th St, Fort Lauderdale, FL 33308, this property enjoys a prime location near US-1 and Commercial Boulevard, providing convenient access to major highways, a wide array of shopping and dining options, and is just minutes away from the beautiful beaches Fort Lauderdale is known for. The asking price is $950,000. This property offers excellent potential for strong returns in a highly sought-after area. Its existing infrastructure and convenient location make it an attractive proposition for investors seeking a ready-to-develop or easily managed income-generating asset. The property's history as a licensed assisted living facility provides a solid foundation for future use, while its vacant status allows for immediate customization and adaptation to a new business plan. Don't miss this chance to acquire a valuable piece of Fort Lauderdale real estate.

Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1960
Construction CONCRETE
Total area 1,933 SF
Lot 0.17 ac (7,500 SF)
Zoning code RMM-25
APN 49-42-13-06-0030
UPID US18-1413819
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
  • The Garden Of Health Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Heneida C Cardoso · 24 yrs held
Heneida C Cardoso
since 2001
1 recorded transaction
2001
$187,000
Zoning & alternative use
RMM-25 · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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