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701 NE 13th Ct
Fort Lauderdale, FL 33304
Multifamily Property For Sale
·
12 Units


Investment Highlights
- 12-unit multifamily asset in a high-demand Fort Lauderdale submarket
- Desirable courtyard-style layout with shared green space
- Diverse unit mix: studios, 1BR/1.5BA, and 2BR/2BA units
- Located near Downtown Fort Lauderdale, Flagler Village, and Wilton Manors
Executive Summary
Native Realty is pleased to present a 12-unit multifamily investment opportunity located at 701 NE 13th Court in Fort Lauderdale. The property consists of a well-maintained, two-story garden-style apartment building totaling approximately 8,275 square feet, situated on a 14,688 square foot lot.
The asset features a diverse unit mix including one studio/1-bath unit, one studio/1.5-bath unit, eight 1-bedroom/1.5-bath units, and two 2-bedroom/2-bath units. Many units have been updated with modern finishes including tile flooring, refreshed kitchens, and renovated bathrooms, offering an attractive living environment for tenants and reducing near-term capital expenditure needs.
The property is centered around a landscaped courtyard, creating a desirable community-style setting with shared outdoor space. On-site parking is available, and the layout provides efficient access to all units, supporting strong tenant retention.
Zoned CB (Community Business), the property offers flexibility for future redevelopment or alternative uses, enhancing long-term upside potential. Investors benefit from stable in-place income with the opportunity to further increase rents through continued interior upgrades and operational efficiencies.
Strategically located just north of Downtown Fort Lauderdale and in close proximity to Flagler Village, Wilton Manors, and major transportation corridors, the property is positioned within a high-demand rental market supported by ongoing development and population growth.
This offering presents an opportunity to acquire a stabilized, value-add multifamily asset in one of Fort Lauderdale’s most active and evolving submarkets.
The asset features a diverse unit mix including one studio/1-bath unit, one studio/1.5-bath unit, eight 1-bedroom/1.5-bath units, and two 2-bedroom/2-bath units. Many units have been updated with modern finishes including tile flooring, refreshed kitchens, and renovated bathrooms, offering an attractive living environment for tenants and reducing near-term capital expenditure needs.
The property is centered around a landscaped courtyard, creating a desirable community-style setting with shared outdoor space. On-site parking is available, and the layout provides efficient access to all units, supporting strong tenant retention.
Zoned CB (Community Business), the property offers flexibility for future redevelopment or alternative uses, enhancing long-term upside potential. Investors benefit from stable in-place income with the opportunity to further increase rents through continued interior upgrades and operational efficiencies.
Strategically located just north of Downtown Fort Lauderdale and in close proximity to Flagler Village, Wilton Manors, and major transportation corridors, the property is positioned within a high-demand rental market supported by ongoing development and population growth.
This offering presents an opportunity to acquire a stabilized, value-add multifamily asset in one of Fort Lauderdale’s most active and evolving submarkets.
Property Facts
| Price Per Unit | $291,104 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.34 AC |
| No. Units | 12 | Building Size | 8,239 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1969 |
| Apartment Style | Low-Rise | Parking Ratio | 1.63/1,000 SF |
| Zoning | CB | ||
| Price Per Unit | $291,104 CAD |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 8,239 SF |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 1.63/1,000 SF |
| Zoning | CB |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1.5 | 8 | - | 570 - 725 |
| Studios | 1 | - | 397 |
| Studios | 1 | - | 397 |
| 2+2 | 2 | - | 700 - 800 |
Property Taxes
| Parcel Number | 49-42-35-38-0070 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,256,150 CAD |
Property Taxes
Parcel Number
49-42-35-38-0070
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,256,150 CAD
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