This Multifamily Property is no longer advertised on LoopNet.com.

1422 NW 2nd St
Fort Lauderdale, FL 33311
Cityview Apartments · Multifamily Property For Sale · 65 Units

Investment Highlights

  • Value Add Opportunity Through Rental Increases and Operational Efficiencies
  • Unique Submarket with Minimal Ownership Turnover
  • Fully Gated Community with Fob Entry System
  • Potential to Implement Utility Reimbursement Program
  • Significant Interior and Exterior Renovations and Upgrades
  • Situated in Broward County, East of I-95, Minutes to Downtown Fort Lauderdale

Property Facts

No. Units 65
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 3.34 AC
Building Size 50,906 SF
Average Occupancy 91%
No. Stories 2
Year Built 1968
Zoning RMM-25

Amenities

Unit Amenities

  • Air Conditioning
  • Disposal
  • Microwave
  • Washer/Dryer
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Oven
  • Sprinkler System
  • Tub/Shower

Site Amenities

  • Business Center
  • Controlled Access
  • Laundry Facilities
  • Property Manager on Site
  • Security System
  • Gated
  • Grill
  • Maintenance on site

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 35 $1,450 700
3+1 30 $1,579 855

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 50-42-04-20-0870
  • 50-42-04-20-0880
  • 50-42-04-20-0890
Land Assessment
$1,978,550
Improvements Assessment
$8,246,150
Total Assessment
$10,491,820
  • Listing ID: 24331751

  • Date on Market: 10/20/2021

  • Last Updated:

  • Address: 1422 NW 2nd St, Fort Lauderdale, FL 33311

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