Property profile

813 29Th St Fort Lauderdale, FL 33315

OFF-MARKET
Apartment buildings
Property ID
US18-4999894
Built 1969
Individually Owned 1-yr Hold
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Property summary

AI-generated overview

This exceptional investment opportunity presents a four-unit apartment building located at 813 SW 29th St, Fort Lauderdale, Florida 33315, in Broward County. Built in 1969, this single-story property offers a rare chance to acquire a multifamily asset in a highly desirable area. The property boasts four units, providing immediate rental income. Four parking spaces are available for residents. A shared laundry room, equipped with a newly purchased coin-operated washer and dryer under warranty, adds convenience for tenants. Operating expenses are low, and the property maintains consistently high occupancy, making it an easily managed investment. The strategic location within five miles of Las Olas Boulevard, Fort Lauderdale-Hollywood International Airport, Fort Lauderdale Beach, and major roadways including I-595, I-75, and the Turnpike ensures a constant demand for rental units. This presents an excellent opportunity to increase cash flow by raising rents to market value or exploring alternative income streams such as short-term rentals. Please note that current tenants should not be disturbed.

Property profile

Verified
Property type Apartment buildings
Year built 1969
UPID US18-4999894

Cap rate & NOI

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

Location

813 29Th St Fort Lauderdale, FL 33315
Fort Lauderdale metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
6 recorded transactions
2025
Price N/A
2025
Price N/A
2023
Price N/A
2021
$530,000
2020
Price N/A
2019
Price N/A

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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