56 Fort Royal Isle - Bermuda Isle 8 Unit Apartment Building Offered at $7,391,397 CAD at a 6.80% Cap Rate Fort Lauderdale, FL 33308

Prime Waterfront Estate with Strong Airbnb Income – 57 Fort Royal Isle, Fort Lauderdale
This luxurious waterfront estate located in the highly sought-after Bermuda Isles offers 129 feet of prime canal frontage, direct ocean access, and no fixed bridges—a dream come true for boating enthusiasts. The property features a 100-foot dock, 8 spacious bedrooms, 7.5 baths, and two master suites offering privacy and stunning water views.
The estate is meticulously designed with high-end finishes, including marble and gray bamboo flooring, a gourmet kitchen with Miele appliances, and a Key West-style exterior with Bahama shutters and a metal roof.
Profitable Investment Opportunity:
Annual Airbnb Income: $400,000
Annual Operating Expenses: $40,000
Net Income (NOI): $360,000 per year
Current Occupancy Rate: 63%
Cap Rate: 6.80%
With a 63% occupancy rate, this property continues to generate significant returns, offering an impressive net income despite lower-than-average occupancy. The 6.80% cap rate reflects the strong potential for increased profitability, making this property an excellent choice for investors looking for a lucrative short-term rental income stream.
The saltwater pool, private balconies, and picturesque waterfront views further enhance its appeal as both a luxury residence and a lucrative investment property.
Located in the coveted Bermuda Isles neighborhood, this estate offers exceptional rental returns, making it an ideal investment for anyone seeking high-end living with the added benefit of a strong return on investment.