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$3,250,000
Est. payment /mo
0.29 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Income/Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID F10545299
Total Fin. Sqft 12500
Year Built 1959
Annual Tax Amount $42,769
Tax Year 2024
Lot Size 0.287 Acres
Property Sub-Type Income/Multi-Family
Property Description
Ideallylocated 8-unit multifamily property in Fort Lauderdale Beach's desirable North Beach Village, just steps from dining, nightlife, and the shoreline. Situated on a 12,500 SF lot, this two-story building features eight 2-bedroom, 2-bathroom units, each with separate electrical meters. The property offers a relaxed Key West–inspired feel, highlighted by a common area bar and gathering space. Additional features include 9 on-site parking spaces and a prime beachside location with strong rental demand. Based on current market rents, the property offers a projected gross income of approximately $228,000 annually (buyer to verify). An excellent opportunity for investors in one of Fort Lauderdale Beach's most sought-after neighborhoods.
Location
State FL
County Broward County
Area Ft Lauderdale Beach (3130-3170)
Zoning NBRA
Interior
Flooring Tile Floors, Vinyl Floors
Exterior
Roof Type Other Roof
Building
Story 2.0000
Foundation Cbs Construction
Sewer Public Sanitation
Water Public Water
Others
Security Features Fenced
Acceptable Financing Cash, Conventional/Refinance
Listing Terms Cash, Conventional/Refinance
Virtual Tour https://www.propertypanorama.com/525-Antioch-Ave-Fort-Lauderdale-FL-33304--F10545299/unbranded
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Listed by RWE Real Estate Services
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