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808 NW 19th St 9 Unit Apartment Building $2,022,046 CAD ($224,672 CAD/Unit) 7.59% Cap Rate Fort Lauderdale, FL 33311
Investment Highlights
- 9 Units
- Corner Lot
Executive Summary
Profitable well maintained multi family building with 8 spacious furnished studios and one 2/2 apartment unit with washer and dryer. 10 parking spaces. Convenient location to shops and restaurants. 10 minutes to Lauderdale beach. A great investment with a 7% return NOI. Fully occupied building. Please don't disturb tenants. Contact agent for showing or information. All have yearly lease.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,022,046 CAD | Building Class | C |
| Price Per Unit | $224,672 CAD | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 6,252 SF |
| Cap Rate | 7.59% | Average Occupancy | 100% |
| No. Units | 9 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1981 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RDS-15 - Allows low to medium-density residential development, like duplexes. | ||
| Price | $2,022,046 CAD |
| Price Per Unit | $224,672 CAD |
| Sale Type | Investment |
| Cap Rate | 7.59% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 6,252 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1981 |
| Opportunity Zone |
Yes |
| Zoning | RDS-15 - Allows low to medium-density residential development, like duplexes. |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Microwave
- Washer/Dryer
- Tile Floors
- Kitchen
- Refrigerator
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | $1,821 CAD | 365 |
| 2+2 | 1 | $2,597 CAD | 1,460 |
1 1
Walk Score®
Very Walkable (70)
Property Taxes
| Parcel Number | 49-42-34-17-0040 | Total Assessment | $1,194,788 CAD (2026) |
| Land Assessment | $102,154 CAD (2026) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,092,633 CAD (2026) | Tax Year | 2024 |
Property Taxes
Parcel Number
49-42-34-17-0040
Land Assessment
$102,154 CAD (2026)
Improvements Assessment
$1,092,633 CAD (2026)
Total Assessment
$1,194,788 CAD (2026)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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Videos
Matterport 3D Exterior
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Photos
Street View
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Map
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808 NW 19th St
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