$1,600,000
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1708 NE 20th Ave Fort Lauderdale, FL 33305
Fourplex
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Discover an exceptional investment opportunity located in the prestigious Poinsettia Heights neighborhood. This 8-unit multifamily property, features 7 units with 1 bed and 1 bath and 1 unit with 2 beds and 2 baths, 13 parking spaces, upgraded electrical service, and coin laundry. !6.5./. CAP RATE!-... With RM-25 zoning, it offers future development potential, including up to 4 luxury townhouses. Perfectly positioned Walking distance Whole Foods, Trader Joe’s, Publix, min drive to The Galleria Mall, and the beach, this property combines suburban charm with urban convenience, attracting long-term tenants. Ideal for investors seeking consistent income and significant growth potential, this rare gem is offered AS-IS, cash only. Don’t miss your chance to own in one of South Florida’s beauties.
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MLS#
F10477019
Property Type
Fourplex
Year Built
1957
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