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

445 SW 27th Ave
Fort Lauderdale, FL 33312
Westwood Apartments · Multifamily Property For Sale · 22 Units

Investment Highlights

  • Rare opportunity to acquire an extremely well-maintained and operated by owner of 40+ years
  • At least 10 units have updated vinyl or tile flooring and most units have received new appliances
  • Amenities include a sparkling pool, spacious laundry room, lush tropical landscaping, and ample parking for tenants and guests
  • Attractive unit mix of all 2 bed 1 bath floorplans with 17% upside in rents
  • Cap-Ex includes a shingled roof installed in December 2023, hurricane-proof windows /doors, most central A/C units and hot water heater
  • Easy access to major thoroughfares such as I-95, Turnpike, Broward Blvd, and US-1, Short Drive to the Shops and Restaurants of Las Olas

Property Facts

No. Units 22
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.65 AC
Building Size 21,100 SF
Average Occupancy 100%
No. Stories 2
Year Built 1968
Parking Ratio 1.14/1,000 SF
Zoning MHP, Fort Lauderdale - Residential Multifamily

Amenities

Unit Amenities

  • Tile Floors

Site Amenities

  • Laundry Facilities
  • Pool
  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 22 - -

Property Taxes

Property Taxes

Parcel Number
50-42-08-01-0380
Land Assessment
$620,090
Improvements Assessment
$2,674,580
Total Assessment
$3,294,670
  • Listing ID: 31279833

  • Date on Market: 3/20/2024

  • Last Updated:

  • Address: 445 SW 27th Ave, Fort Lauderdale, FL 33312

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