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NW 4th ave 4 Properties Offered at $2,199,000 in Fort Lauderdale, FL
Investment Highlights
- RMM25 Zoning
- Substantial Income while building on the vacant lots
- Potential to re-zone to NWRAC
Executive Summary
4 Folios in RMM25 with 9 rentable units and 6,748 sq feet of buildable vacant land. Value add potential
Taxes & Operating Expenses (Actual - 2024) |
Annual |
|---|---|
| Gross Rental Income |
$184,212
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$184,212
|
| Taxes |
-
|
| Operating Expenses |
$61,970
|
| Total Expenses |
$61,970
|
| Net Operating Income |
$122,242
|
Taxes & Operating Expenses (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $184,212 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $184,212 |
| Taxes | |
|---|---|
| Annual | - |
| Operating Expenses | |
|---|---|
| Annual | $61,970 |
| Total Expenses | |
|---|---|
| Annual | $61,970 |
| Net Operating Income | |
|---|---|
| Annual | $122,242 |
Property Facts
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1019 NW 4th ave, Fort Lauderdale, FL 33311 | Land | 0.08 AC | - | - |
| 1017 NW 4th ave, Fort Lauderdale, FL 33311 | Land | 0.08 AC | - | - |
| 1021 NW 4th Ave, Fort Lauderdale, FL 33311 | Multifamily | 5,223 SF | 1962 | - |
| 1011 NW 4th Ave, Fort Lauderdale, FL 33311 | Multifamily | 2,374 SF | 1950 | - |
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NW 4th ave
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