Property profile

5720 27Th Ave Fort Lauderdale, FL 33308

OFF-MARKET
Apartment buildings
Property ID
US18-8567608
Built 1973
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Property summary

AI-generated overview

This stunning, fully furnished duplex in Fort Lauderdale offers an exceptional investment opportunity. Situated on an 84-foot waterfront lot with a dock and seawall, this property boasts direct ocean access. The 1973-built, single-story building comprises two units: a spacious three-bedroom, two-bathroom unit and a cozy two-bedroom, two-bathroom unit. Both units are luxuriously updated and feature hurricane protection, totaling nearly 3,000 square feet of air-conditioned living space. Currently operating as a successful short-term rental with Airbnb registration and vacation rental licensing, this turnkey property provides a strong revenue stream. The asking price is $1,299,000. This exceptional property is located at 5720 NE 27th Ave, Fort Lauderdale, FL 33308, in Broward County. The property's prime location and high-end finishes make it an ideal investment for discerning buyers seeking a lucrative and low-maintenance income-generating asset. The property is sold fully furnished, ready for immediate occupancy and rental income generation. This is a rare opportunity to acquire a waterfront duplex with established rental history in a highly desirable location.

Property profile

Verified
Property type Apartment buildings
Year built 1973
UPID US18-8567608

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Vacation Rental Real Estate Agency

Location

5720 27Th Ave Fort Lauderdale, FL 33308
Fort Lauderdale metro
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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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