841 N Victoria Park Rd
Fort Lauderdale, FL 33304
Multifamily Property For Sale
·
17 Units
Property Facts
| No. Units | 17 | Building Size | 8,422 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 2.37/1,000 SF |
| Lot Size | 0.46 AC | ||
| Zoning | RMM-25 | ||
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 8,422 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 2.37/1,000 SF |
| Zoning | RMM-25 |
About 841 N VICTORIA PARK RD , FORT LAUDERDALE, FL 33304
Prime Investment Opportunity. 9 (1/1) Units, 8 Efficiencies, Below Market Rent, Two Lots - 20,250 SF, Three Buildings - 8,422 SF Occupancy 100%, Zoning RM-25 Average Asking Rent $1,694 Average Vacancy Rate 6.0% •Up 0.2% from Q2 2017. •Expected to finish 2017 at $1,707. •Drifted downward by 20 basis points. •Expected to finish 2017 at 7.8%. Submarket Overview The Fort Lauderdale submarket, one of twelve distinct geographic concentrations within Fort Lauderdale, contains 6,168 market rate rental units, or 7.0% of the metro's total inventory of market rate rental apartments. In the ten-year period beginning with Q4 2007, new additions to the submarket totaled 3,089 units, while 220 units were added by conversions. The net total gain of 3,309 apartments equates to an annualized inventory growth rate of 8.0%, exceeding the metro growth rate of 1.9% over the same period.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
| Studios | 8 | - | - |
Property Taxes
| Parcel Number | 49-42-34-05-9380 | Improvements Assessment | $991,220 |
| Land Assessment | $168,750 | Total Assessment | $1,159,970 |
Property Taxes
