353 SW 19th Ave - Riverside Park Triplex 3 Unit Apartment Building Offered at $849,000 at a 6.75% Cap Rate Fort Lauderdale, FL 33312

Rare Triplex in Riverside Park — Strong Income, Creative Flexibility & Prime Location!
Welcome to 353 SW 19th Ave, an exceptional investment opportunity located in the highly sought-after Riverside Park neighborhood of Fort Lauderdale. Built in 1967 of durable CBS construction and renovated multiple times over the years, this triplex sits proudly on a desirable corner lot surrounded by lush foliage with proximity to picturesque navigable river canals.
This well-maintained property features three spacious units with a laundry room:
Tenants pay water and electricity
One (1) unit with 2 bedrooms & 1 bathroom
Two (2) units with 2 bedrooms & 2 bathrooms
Reliable income totaling approximately $69,000 annually
With month-to-month leases, the property offers exceptional flexibility—perfect for a creative investor or owner-occupant looking to leverage an FHA loan. Live in one unit while renting out the others and start building long-term wealth in one of Fort Lauderdale’s most charming and rapidly improving neighborhoods.
Ideally located with easy access to:
Major job centers & schools
Downtown Fort Lauderdale
Las Olas Boulevard
Beautiful Beaches
Broward Blvd, I-95, and Federal Hwy
This property offers the perfect blend of financial performance, strategic location, and homeownership potential. Whether you’re seeking steady cash flow or aiming to secure the American Dream through house hacking, 353 SW 19th Ave delivers outstanding value.
A rare triplex in a gorgeous riverside neighborhood—flexible, income-producing, and full of long-term upside. Don’t miss this opportunity!