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1215 E Broward Blvd 4 Unit Apartment Building $2,499,000 ($624,750/Unit) 5.51% Cap Rate Fort Lauderdale, FL 33301



EXECUTIVE SUMMARY
Turnkey 4-Unit Income Property in Prime Victoria Park – Fort Lauderdale! Amazing Opportunity Zoned OFFICE/RESIDENTIAL!!
Just 3 Blocks from Las Olas Blvd | Fully Renovated | High-Demand Rental Area
Investor's Dream! Located in the highly desirable Victoria Park neighborhood, this fully renovated 4-unit income property is in exceptionally high rental demand thanks to its central location—just steps from Las Olas Blvd and minutes from downtown Fort Lauderdale, beaches, and more.
Property Highlights:
Fully Renovated in 2021–2022 – No detail overlooked
Impact Doors & Windows
New Roof, Stucco/Facade, and Landscaping
Cast Iron Plumbing Replaced/PVC
40-Year Structural & Electrical Certification Passed (2022)
New Electrical Panels + 4 Separate Meters
9 Off-Street Parking Spaces
All 4 Units Feature:
Finished and fully furnished
Month-to-month leases – Flexibility for future use or rental increases
In-unit washer/dryers
Central A/C
Upstairs units include primary en suites
AMAZING OPPORTUNITY TROPHY PROPERTY!!!
Just 3 Blocks from Las Olas Blvd | Fully Renovated | High-Demand Rental Area
Investor's Dream! Located in the highly desirable Victoria Park neighborhood, this fully renovated 4-unit income property is in exceptionally high rental demand thanks to its central location—just steps from Las Olas Blvd and minutes from downtown Fort Lauderdale, beaches, and more.
Property Highlights:
Fully Renovated in 2021–2022 – No detail overlooked
Impact Doors & Windows
New Roof, Stucco/Facade, and Landscaping
Cast Iron Plumbing Replaced/PVC
40-Year Structural & Electrical Certification Passed (2022)
New Electrical Panels + 4 Separate Meters
9 Off-Street Parking Spaces
All 4 Units Feature:
Finished and fully furnished
Month-to-month leases – Flexibility for future use or rental increases
In-unit washer/dryers
Central A/C
Upstairs units include primary en suites
AMAZING OPPORTUNITY TROPHY PROPERTY!!!
PROPERTY FACTS
| Price | $2,499,000 | Building Class | B |
| Price Per Unit | $624,750 | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 3,880 SF |
| Cap Rate | 5.51% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 2000/2021 |
| Property Subtype | Apartment | ||
| Zoning | RO - Zoned Residential / Commercial | ||
| Price | $2,499,000 |
| Price Per Unit | $624,750 |
| Sale Type | Investment |
| Cap Rate | 5.51% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 3,880 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 2000/2021 |
| Zoning | RO - Zoned Residential / Commercial |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 4 | - | - |
Walk Score®
Very Walkable (88)
PROPERTY TAXES
| Parcel Number | 50-42-02-08-0040 | Improvements Assessment | $459,680 |
| Land Assessment | $202,500 | Total Assessment | $662,180 |
PROPERTY TAXES
Parcel Number
50-42-02-08-0040
Land Assessment
$202,500
Improvements Assessment
$459,680
Total Assessment
$662,180
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Florida Realty Fusion, Corp.
1215 E Broward Blvd
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