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5901-5911 NE 18th Ave 8 Unit Apartment Building $2,649,550 CAD ($331,194 CAD/Unit) Fort Lauderdale, FL 33334
Executive Summary
?? Prime 8-Unit Multifamily Investment | Fort Lauderdale
Exceptional opportunity to acquire a cash-flowing 8-unit multifamily property in the heart of Fort Lauderdale. The asset consists of four one-bedroom units and four two-bedroom units, offering an ideal unit mix for strong rental demand and tenant stability.
This is a turnkey, income-producing property with no immediate capital expenditures required. Well-maintained and positioned for consistent performance, the building provides solid in-place income with potential for future rental upside in a high-demand market.
? Desirable 4/4 unit mix (1BR & 2BR)
? Strong rental income
? No deferred maintenance
? Prime Fort Lauderdale location
? Stable, profitable asset
Perfect for the savvy investor seeking reliable cash flow and long-term appreciation in one of South Florida’s most resilient rental markets.
Serious inquiries only.
Exceptional opportunity to acquire a cash-flowing 8-unit multifamily property in the heart of Fort Lauderdale. The asset consists of four one-bedroom units and four two-bedroom units, offering an ideal unit mix for strong rental demand and tenant stability.
This is a turnkey, income-producing property with no immediate capital expenditures required. Well-maintained and positioned for consistent performance, the building provides solid in-place income with potential for future rental upside in a high-demand market.
? Desirable 4/4 unit mix (1BR & 2BR)
? Strong rental income
? No deferred maintenance
? Prime Fort Lauderdale location
? Stable, profitable asset
Perfect for the savvy investor seeking reliable cash flow and long-term appreciation in one of South Florida’s most resilient rental markets.
Serious inquiries only.
Property Facts
| Price | $2,649,550 CAD | Building Class | C |
| Price Per Unit | $331,194 CAD | Lot Size | 0.34 AC |
| Sale Type | Investment | Building Size | 5,346 SF |
| Sale Condition | Bulk/Portfolio Sale | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1962 |
| Property Subtype | Apartment | Parking Ratio | 2.81/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RMM-25 - Residential Multifamily | ||
| Price | $2,649,550 CAD |
| Price Per Unit | $331,194 CAD |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 5,346 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1962 |
| Parking Ratio | 2.81/1,000 SF |
| Zoning | RMM-25 - Residential Multifamily |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Granite Countertops
- Refrigerator
- Oven
- Porch
- Smoke Free
Site Amenities
- 24 Hour Access
- Courtyard
- Security System
- Recycling
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 625 |
| 2+1 | 4 | - | 875 |
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $1,941,747 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,941,747 CAD
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5901-5911 NE 18th Ave
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