2210 NW 7th Ct 10 Unit Apartment Building $2,100,000 ($210,000/Unit) 6% Cap Rate Fort Lauderdale, FL 33311

This stabilized 10-unit multifamily property offers a solid investment with day-one income in Fort Lauderdale’s dynamic rental market. Featuring a 100% two-bedroom layout across all units, the property appeals to a wide tenant base and supports above-average rent potential within the submarket. Each unit is individually metered for electricity, minimizing ownership expense and enabling efficient utility management.
Currently leased and occupied, the building provides immediate cash flow supported by in-place rents, while significant value-add potential remains through interior renovations and rent repositioning. Off-street dedicated parking delivers a competitive advantage, as does the inclusion of an on-site laundry facility for tenant convenience and possible ancillary income. Classic South Florida design with exterior walkways and mature landscaping enhances curb appeal while limiting landscaping upkeep costs.
Located in an Opportunity Zone, the property provides additional tax incentive advantages to qualified buyers. Positioned within close proximity to key employment centers, major roadways, and Fort Lauderdale’s central amenities, this asset offers both current stability and measurable upside for long-term investors.