12-Unit Multifamily in Flagler Village 612 NE 2nd Ave 11 Unit Apartment Building $3,760,668 CAD ($341,879 CAD/Unit) Fort Lauderdale, FL 33304

Native Realty is pleased to present a 12-unit multifamily investment opportunity located in the heart of Flagler Village, one of Fort Lauderdale’s fastest-growing urban submarkets.
The property consists of a 7,330 SF two-story building situated on approximately 13,500 SF of land. The unit mix includes ten 1-bedroom / 1-bath units and two 2-bedroom / 1-bath units, offering a balanced layout attractive to the area’s renter demographic.
Units feature functional floorplans with strong natural light, tile flooring, and efficient kitchen layouts. The property also includes on-site parking and a simple configuration, allowing for ease of management.
Positioned within RAC-UV zoning, the site benefits from flexible development potential, supporting higher density residential and mixed-use projects. The location places the asset within close proximity to Flagler Village, FAT Village, and Downtown Fort Lauderdale, where continued development is driving rental demand and long-term appreciation.
This offering provides investors with a clear value-add opportunity through unit upgrades and rent growth, as well as long-term redevelopment upside in a rapidly evolving corridor.