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1020 NE 10th Ave 6 Unit Apartment Building $1,290,000 ($215,000/Unit) Fort Lauderdale, FL 33304
Investment Highlights
- 6-unit multifamily property
- Close to Downtown, Flagler Village, and Wilton Manors
- Unit mix: (5) 1BR/1BA, (1) 2BR/2BA
- Zoned RMM-25 with redevelopment potential
Executive Summary
Native Realty is pleased to present a 6-unit multifamily investment opportunity located at 1020 NE 10th Avenue in Fort Lauderdale. The property totals 3,597 square feet on a 10,123 square foot lot and features a unit mix of five 1-bedroom/1-bath units and one 2-bedroom/2-bath unit.
The property is configured around a central courtyard, offering a private residential feel with on-site parking. Zoned RMM-25, the site allows for increased density, providing future redevelopment or value-add potential.
Ideally located near Downtown Fort Lauderdale, Flagler Village, and Wilton Manors, the property benefits from strong rental demand and continued growth in the surrounding area.
The property is configured around a central courtyard, offering a private residential feel with on-site parking. Zoned RMM-25, the site allows for increased density, providing future redevelopment or value-add potential.
Ideally located near Downtown Fort Lauderdale, Flagler Village, and Wilton Manors, the property benefits from strong rental demand and continued growth in the surrounding area.
Property Facts
| Price | $1,290,000 | Building Class | C |
| Price Per Unit | $215,000 | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 4,666 SF |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1967 |
| Property Subtype | Apartment | Parking Ratio | 1.71/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RMM-25 | ||
| Price | $1,290,000 |
| Price Per Unit | $215,000 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 4,666 SF |
| No. Stories | 1 |
| Year Built | 1967 |
| Parking Ratio | 1.71/1,000 SF |
| Zoning | RMM-25 |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Security System
- Kitchen
- Oven
- Smoke Free
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | 404 - 438 |
| 2+2 | 1 | - | 1,019 |
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 49-42-34-04-7020 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $435,600 |
Property Taxes
Parcel Number
49-42-34-04-7020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$435,600
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1020 NE 10th Ave
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