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1026-1044 NW 7th Ave, Fort Lauderdale 5 Properties Offered at $2,709,210 CAD in Fort Lauderdale, FL
Investment Highlights
- Development Opportunity
- Immediate Income - All tenants are M2M
- Remodel Opportunity
Executive Summary
Hertz Realty Group presents a rare opportunity to acquire five contiguous residential properties, less than a mile from the CBD, totaling approximately 0.93 acres within the Central City CRA. All tenants are on month-to-month leases, allowing flexibility to redevelop, remodel, or assemble for a larger development project. Future land use is designated for significantly higher density (CC-CMU). Addresses are 1026, 1030, 1034, 1038, and 1044 NW 7th Ave, Fort Lauderdale, FL 33311. Total Square feet is 6,024 SF.
PROPERTY HIGHLIGHTS
• ±.93 acres
• Five residential income-producing rentals
• Majority of tenants have occupied the
properties for +1yr
• Management office onsite
• Redevelopment & rezoning potential with a large vacant parcel adjacent
PROPERTY HIGHLIGHTS
• ±.93 acres
• Five residential income-producing rentals
• Majority of tenants have occupied the
properties for +1yr
• Management office onsite
• Redevelopment & rezoning potential with a large vacant parcel adjacent
Property Facts
| Price | $2,709,210 CAD | Number of Properties | 5 |
| Price / SF | $445.08 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 5.47% | Total Building Size | 6,087 SF |
| Sale Type | Investment | Total Land Area | 0.93 AC |
| Status | Active |
| Price | $2,709,210 CAD |
| Price / SF | $445.08 CAD / SF |
| Cap Rate | 5.47% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 6,087 SF |
| Total Land Area | 0.93 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1026 NW 7th Ave, Fort Lauderdale, FL 33311 | Multifamily | 1,066 SF | 1949 | - |
| 1038 NW 7th Ave, Fort Lauderdale, FL 33311 | Specialty | 1,622 SF | 1951 | - |
| 1034 NW 7th Ave, Fort Lauderdale, FL 33311 | Specialty | 1,315 SF | 1949 | - |
| 1044 NW 7th Ave, Fort Lauderdale, FL 33311 | Specialty | 1,076 SF | 1949 | - |
| 1030 NW 7th Ave, Fort Lauderdale, FL 33311 | Specialty | 1,008 SF | 1949 | - |
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1026-1044 NW 7th Ave, Fort Lauderdale
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