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Investment Highlights

  • RMM25 Zoning
  • Substantial Income while building on the vacant lots
  • Potential to re-zone to NWRAC

Executive Summary

4 Folios in RMM25 with 9 rentable units and 6,748 sq feet of buildable vacant land. Value add potential

Taxes & Operating Expenses (Actual - 2024)

Annual (CAD)
Gross Rental Income $251,203
Other Income -
Vacancy Loss -
Effective Gross Income $251,203
Taxes -
Operating Expenses $84,506
Total Expenses $84,506
Net Operating Income $166,697

Taxes & Operating Expenses (Actual - 2024)

Gross Rental Income (CAD)
Annual $251,203
Other Income (CAD)
Annual -
Vacancy Loss (CAD)
Annual -
Effective Gross Income (CAD)
Annual $251,203
Taxes (CAD)
Annual -
Operating Expenses (CAD)
Annual $84,506
Total Expenses (CAD)
Annual $84,506
Net Operating Income (CAD)
Annual $166,697

Property Facts

Price $2,998,688 CAD
Price / SF $394.72 CAD / SF
Sale Conditions
1031 Exchange
  • Build to Suit
  • Redevelopment Project
Cap Rate 5.56%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 7,597 SF
Total Land Area 0.86 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1019 NW 4th ave, Fort Lauderdale, FL 33311 Land 0.08 AC - -
1017 NW 4th ave, Fort Lauderdale, FL 33311 Land 0.08 AC - -
1021 NW 4th Ave, Fort Lauderdale, FL 33311 Multifamily 5,223 SF 1962 -
1011 NW 4th Ave, Fort Lauderdale, FL 33311 Multifamily 2,374 SF 1950 -
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  • Listing ID: 35689834

  • Date on Market: 2025-04-30

  • Last Updated:

  • Address: NW 4th ave, Fort Lauderdale, FL

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