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Property profile & analytics
OFF-MARKET
Investment properties

2901 Middle River Dr Fort Lauderdale, FL 33306

Built 1957
Property ID
No photo on file
Map unavailable
Property summary
AI-generated overview

This exceptional investment opportunity presents two adjacent buildings totaling 8,483 square feet situated in the desirable Coral Ridge neighborhood of Fort Lauderdale, Florida, at 2901 Middle River Dr, zip code 33306. The property comprises 16 units within a garden-style complex, offering significant potential for increased rental income due to below-market rents. Recent high-quality renovations enhance the property's value and appeal, including premium tile flooring, new cabinetry, impact-resistant windows and doors, and new tile roofs installed in 2011. The 0.52-acre lot provides ample space. The location boasts a high walkability score, with convenient access to Coral Ridge Mall (including Publix, TJ Maxx, Target, and an AMC Theatre), local bus lines, and the beach. The property's proximity to I-95 ensures easy commuting. This is an ideal investment-sized property in a prime location with strong potential for immediate returns and long-term appreciation. Please note that the property is currently occupied, and tenant disturbance is discouraged. The asking price is $3,295,000.

Property profile
Verified
Property type Investment properties
Year built 1957
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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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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