INVESTMENT HIGHLIGHTS
- Contiguous Single-Story Buildings: Includes a mix of 1-bed, 2-bed/1-bath, and 2-bed/2-bath units suited for a range of renters.
- Flexible Zoning: Potential for redevelopment or expansion, offering room to enhance long-term value.
- Prime Central Location: Easy access to Flagler Village, downtown Fort Lauderdale, beaches, and major roadways.
EXECUTIVE SUMMARY
This multifamily assemblage presents a unique opportunity to acquire two contiguous single-story properties in Fort Lauderdale’s Middle River Terrace neighborhood. The buildings offer a practical mix of 1-bedroom/1-bath, 2-bedroom/1-bath, and 2-bedroom/2-bath units, making them well-suited for a variety of tenant needs. The assets are centrally located, income-producing, have high historical occupancy and provide clear potential for future improvements and repositioning.
Situated just north of 13th Street (Studio City) the location offers strong connectivity to downtown Fort Lauderdale, Flagler Village, Florida’s iconic beaches, and major transit routes. Residents enjoy easy access to nearby parks, neighborhood retail, and a growing mix of dining options in this walkable, evolving area.
The properties benefit from flexible zoning, offering additional possibilities for redevelopment or expansion, subject to city approval.There are several new single family and townhouse projects being developed in the area north of $1 million per unit. With solid fundamentals and long-term growth potential, this assemblage is well-positioned for both stable income and future upside.
Situated just north of 13th Street (Studio City) the location offers strong connectivity to downtown Fort Lauderdale, Flagler Village, Florida’s iconic beaches, and major transit routes. Residents enjoy easy access to nearby parks, neighborhood retail, and a growing mix of dining options in this walkable, evolving area.
The properties benefit from flexible zoning, offering additional possibilities for redevelopment or expansion, subject to city approval.There are several new single family and townhouse projects being developed in the area north of $1 million per unit. With solid fundamentals and long-term growth potential, this assemblage is well-positioned for both stable income and future upside.
PROPERTY FACTS
Price | $2,085,750 |
Price / SF | $301.45 / SF |
Sale Type | Investment |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 6,919 SF |
Total Land Area | 0.37 AC |
PROPERTIES
PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
---|---|---|---|---|
749 NE 13th Ct, Fort Lauderdale, FL 33304 | Multifamily | 3,661 SF | 1967 | - |
759 NE 13th Ct, Fort Lauderdale, FL 33304 | Multifamily | 3,258 SF | 1967 | - |
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