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Coontie Court Apartments 801 Coontie Ct 6 Unit Apartment Building $1,790,750 CAD ($298,458 CAD/Unit) 6.35% Cap Rate Fort Lauderdale, FL 33312
Investment Highlights
- All One-Bedroom/One-Bathroom Units Averaging 675 Square Feet
- Centrally Located Near Downtown Fort Lauderdale, Las Olas, and Major Employment Centers
- Metal Roof and Six Additional Storage Units Providing Additional Income
- Strong Rental Demand with Nearby Redevelopment Driving Continued Neighborhood Growth
Executive Summary
Marcus & Millichap is pleased to present the Coontie Court Apartments, a six-unit multifamily property located at 801 SW 4th (Coontie) Court, Fort Lauderdale, Florida 33312. Built on a 0.16-acre lot, the property totals 4,153 square feet across a two-story building with a metal roof and six on-site storage units. Each of the six apartment units is a one-bedroom/one-bathroom floorplan averaging 675 square feet, featuring efficient layouts and window-unit air conditioning.
Ideally situated just west of Downtown Fort Lauderdale, Coontie Court Apartments benefits from proximity to major economic and lifestyle drivers, including Las Olas Boulevard, the Broward Health Medical Center, the new Brightline high-speed rail station, and the rapidly expanding Riverwalk Arts & Entertainment District. The property also offers convenient access to Interstate 95, Fort Lauderdale-Hollywood International Airport, and the city’s major employment hubs.
With ongoing redevelopment throughout the Sailboat Bend and Tarpon River neighborhoods, this location is seeing significant investment in both residential and mixed-use projects, further supporting strong rental demand and long-term appreciation.
The Coontie Court Apartments present an attractive opportunity to acquire a centrally located, well-maintained multifamily property in one of South Florida’s most dynamic rental markets. Its downtown adjacency, steady tenant base, and value-add potential through modernization or repositioning make it an appealing investment for both long-term hold and redevelopment strategies.
Ideally situated just west of Downtown Fort Lauderdale, Coontie Court Apartments benefits from proximity to major economic and lifestyle drivers, including Las Olas Boulevard, the Broward Health Medical Center, the new Brightline high-speed rail station, and the rapidly expanding Riverwalk Arts & Entertainment District. The property also offers convenient access to Interstate 95, Fort Lauderdale-Hollywood International Airport, and the city’s major employment hubs.
With ongoing redevelopment throughout the Sailboat Bend and Tarpon River neighborhoods, this location is seeing significant investment in both residential and mixed-use projects, further supporting strong rental demand and long-term appreciation.
The Coontie Court Apartments present an attractive opportunity to acquire a centrally located, well-maintained multifamily property in one of South Florida’s most dynamic rental markets. Its downtown adjacency, steady tenant base, and value-add potential through modernization or repositioning make it an appealing investment for both long-term hold and redevelopment strategies.
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- Offering Memorandum
Property Facts
| Price | $1,790,750 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $298,458 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 6.35% | Building Size | 4,153 SF |
| Gross Rent Multiplier | 10.48 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1936 |
| Property Subtype | Apartment | ||
| Zoning | RML-25 | ||
| Price | $1,790,750 CAD |
| Price Per Unit | $298,458 CAD |
| Sale Type | Investment |
| Cap Rate | 6.35% |
| Gross Rent Multiplier | 10.48 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,153 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1936 |
| Zoning | RML-25 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 692 |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 50-42-10-28-1150 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,194,171 CAD |
Property Taxes
Parcel Number
50-42-10-28-1150
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,194,171 CAD
Contacts
-
Daniel Cunningham -
Evan Richardson -
River Rhoads -
Dillon Majeski -
Cory Sanchez -
Marcus & Millichap
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Coontie Court Apartments | 801 Coontie Ct
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