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1414 NE 4th St 6 Unit Apartment Building $1,380,000 ($230,000/Unit) Fort Lauderdale, FL 33301
Investment Highlights
- 6-unit multifamily property on a corner lot
- Zoned RC-15 allowing for redevelopment flexibility
- Well-maintained asset with strong curb appeal
- Minutes to Downtown Fort Lauderdale, Flagler Village, and the beach
Executive Summary
Native Realty is pleased to present a 6-unit multifamily investment opportunity located at 1414 NE 4th Street in Fort Lauderdale. The property consists of approximately 3,595 square feet of improvements situated on a 7,452 square foot corner lot.
The asset features a well-maintained layout with a mix of units offering strong rental appeal. The property’s configuration provides a residential feel with on-site parking and functional access to all units. Recent exterior upkeep and curb appeal enhance tenant retention and overall desirability.
Zoned RC-15, the property allows for residential multifamily use with potential for future redevelopment or density optimization. Investors benefit from stable in-place income with the opportunity to increase rents through interior upgrades and operational efficiencies.
Strategically located just minutes from Downtown Fort Lauderdale, Flagler Village, and the beach, the property is positioned within a high-demand rental corridor supported by ongoing development and population growth.
This offering presents an opportunity to acquire a stabilized, income-producing asset with long-term upside in one of Fort Lauderdale’s most desirable residential submarkets.
The asset features a well-maintained layout with a mix of units offering strong rental appeal. The property’s configuration provides a residential feel with on-site parking and functional access to all units. Recent exterior upkeep and curb appeal enhance tenant retention and overall desirability.
Zoned RC-15, the property allows for residential multifamily use with potential for future redevelopment or density optimization. Investors benefit from stable in-place income with the opportunity to increase rents through interior upgrades and operational efficiencies.
Strategically located just minutes from Downtown Fort Lauderdale, Flagler Village, and the beach, the property is positioned within a high-demand rental corridor supported by ongoing development and population growth.
This offering presents an opportunity to acquire a stabilized, income-producing asset with long-term upside in one of Fort Lauderdale’s most desirable residential submarkets.
Property Facts
| Price | $1,380,000 | Building Class | C |
| Price Per Unit | $230,000 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 7,654 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment | Parking Ratio | 0.52/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RC-15 | ||
| Price | $1,380,000 |
| Price Per Unit | $230,000 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,654 SF |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 0.52/1,000 SF |
| Zoning | RC-15 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | 492 - 536 |
| 2+1 | 2 | - | 600 - 6,870 |
| Studios | 1 | - | 380 |
Very walkable
80/100
Fairly drivable
50/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 50-42-02-15-0220 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,088,080 |
Property Taxes
Parcel Number
50-42-02-15-0220
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,088,080
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1414 NE 4th St
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