2901 Middle River Dr Fort Lauderdale, FL 33306
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.