610 NE 1st Ave 26 Unit Apartment Building $4,860,180 ($186,930/Unit) Fort Lauderdale, FL 33304

Native Realty is pleased to present a 26-unit multifamily investment opportunity located at 610 NE 1st Avenue in Fort Lauderdale. The property consists of a well-maintained two-story apartment building totaling 17,165 square feet, situated on a 27,001 square foot lot in one of the city’s most active redevelopment corridors.
The asset offers a stabilized unit mix with consistent rental demand driven by its proximity to Downtown Fort Lauderdale, Flagler Village, and the surrounding employment hubs. Units feature functional layouts with updated interiors in select units, providing an opportunity for continued interior upgrades to further increase rental income and overall asset value.
The property includes on-site parking and a secured courtyard-style layout, creating a practical and tenant-friendly environment. Its positioning within a high-density residential pocket supports strong occupancy fundamentals and long-term rental growth.
Zoned RAC-UV (Regional Activity Center – Urban Village), the site allows for increased density and redevelopment flexibility, making this an attractive long-term hold with potential upside through repositioning or future redevelopment.
Strategically located near major thoroughfares including Federal Highway, Broward Boulevard, and Sunrise Boulevard, the property offers excellent connectivity to the broader Fort Lauderdale market, including Las Olas Boulevard, Brightline, and the beach.
This offering presents a rare opportunity to acquire scale in a rapidly evolving submarket with both immediate cash flow and long-term upside potential.