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1610 NE 3rd Ct 10 Unit Apartment Building $3,553,075 CAD ($355,307 CAD/Unit) Fort Lauderdale, FL 33301
Investment Highlights
- 10-unit multifamily property
- Located near Downtown Fort Lauderdale and Flagler Village
- Zoned RC-15 allowing for redevelopment potential
- Minutes to the beach, retail, dining, and major corridors
Executive Summary
Native Realty is pleased to present a 10-unit multifamily investment opportunity located at 1610 NE 3rd Court in Fort Lauderdale. The property consists of approximately 4,485 square feet of improvements situated on a 9,375 square foot lot in a highly desirable residential submarket.
The asset offers a well-configured unit mix with strong rental demand, providing stable in-place income and the opportunity to increase rents through interior upgrades and operational efficiencies. The property’s scale allows for efficient management while maintaining flexibility for value-add strategies.
Zoned RC-15, the site allows for multifamily residential use with potential for future redevelopment or density optimization, enhancing long-term upside for investors.
Strategically located just minutes from Downtown Fort Lauderdale, Flagler Village, and the beach, the property benefits from proximity to major employment centers, retail, dining, and transportation corridors.
This offering presents an opportunity to acquire a stabilized, income-producing asset with value-add potential in one of Fort Lauderdale’s most active and growing rental markets.
The asset offers a well-configured unit mix with strong rental demand, providing stable in-place income and the opportunity to increase rents through interior upgrades and operational efficiencies. The property’s scale allows for efficient management while maintaining flexibility for value-add strategies.
Zoned RC-15, the site allows for multifamily residential use with potential for future redevelopment or density optimization, enhancing long-term upside for investors.
Strategically located just minutes from Downtown Fort Lauderdale, Flagler Village, and the beach, the property benefits from proximity to major employment centers, retail, dining, and transportation corridors.
This offering presents an opportunity to acquire a stabilized, income-producing asset with value-add potential in one of Fort Lauderdale’s most active and growing rental markets.
Property Facts
| Price | $3,553,075 CAD | Building Class | C |
| Price Per Unit | $355,307 CAD | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 4,451 SF |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1969 |
| Property Subtype | Apartment | Parking Ratio | 1/1,000 SF |
| Apartment Style | Mid-Rise | ||
| Zoning | RC-15, Fort Lauderda | ||
| Price | $3,553,075 CAD |
| Price Per Unit | $355,307 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 4,451 SF |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 1/1,000 SF |
| Zoning | RC-15, Fort Lauderda |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 1,150 - 1,765 |
| Studios | 4 | - | 275 - 310 |
1 1
Moderately walkable
70/100
Fairly drivable
50/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 50-42-02-15-0550 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,837,182 CAD |
Property Taxes
Parcel Number
50-42-02-15-0550
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,837,182 CAD
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1610 NE 3rd Ct
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