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410 SE 13th St 6 Unit Apartment Building $2,665,163 CAD ($444,194 CAD/Unit) 5.22% Cap Rate Fort Lauderdale, FL 33316
INVESTMENT HIGHLIGHTS
- Turnkey Asset
- New Roof
- Central Air
- Updated Units, Stabilized Rents, Income Ready
- On-Site Coin Laundry
- Updated-Modern Flooring and Kitchens
EXECUTIVE SUMMARY
This fully stabilized asset consists of six fully updated apartments on a 10,125 SF parcel in Southeast Fort Lauderdale, near Downtown, Rio Vista, the Beach, and the Airport. Unit mix includes one 2BR bungalow and five 1BR courtyard apartments with 12 ft. vaulted ceilings. Each unit features modern kitchens, floorings, central A/C, and separately metered electric. With market rents, new roof (2022), no deferred maintenance, and an income-producing laundry facility, this is a turnkey, stabilized investment delivering reliable cash flow in a prime location.
Turnkey Asset – Updated, Stabilized, Income-Ready
1 × Two-Bedroom / One-Bath Bungalow
5 × One-Bedroom / One-Bath Vaulted-Ceiling Courtyard Apartments
New roof (2022) – no deferred maintenance
Updated, modern kitchens and interiors
Separately metered electric – tenants pay utilities
Central A/C & heat in every unit
Income-producing coin-operated laundry facility
9 Parking Spaces
Turnkey Asset – Updated, Stabilized, Income-Ready
1 × Two-Bedroom / One-Bath Bungalow
5 × One-Bedroom / One-Bath Vaulted-Ceiling Courtyard Apartments
New roof (2022) – no deferred maintenance
Updated, modern kitchens and interiors
Separately metered electric – tenants pay utilities
Central A/C & heat in every unit
Income-producing coin-operated laundry facility
9 Parking Spaces
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $2,665,163 CAD | Building Class | B |
| Price Per Unit | $444,194 CAD | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 3,814 SF |
| Cap Rate | 5.22% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1977/2015 |
| Property Subtype | Apartment | Parking Ratio | 2.62/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | ROC - ROC zoning in Fort Lauderdale permits Residential and Professional Offices | ||
| Price | $2,665,163 CAD |
| Price Per Unit | $444,194 CAD |
| Sale Type | Investment |
| Cap Rate | 5.22% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 3,814 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1977/2015 |
| Parking Ratio | 2.62/1,000 SF |
| Zoning | ROC - ROC zoning in Fort Lauderdale permits Residential and Professional Offices |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Tile Floors
- Vaulted Ceiling
- Tub/Shower
- Patio
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| 2+1 | 1 | - | - |
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 50-42-15-10-2720 | Total Assessment | $780,788 CAD |
| Land Assessment | $0 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
50-42-15-10-2720
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$780,788 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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410 SE 13th St
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