This Victoria Park fourplex features three one-bedroom, one-bathroom units and one three-bedroom, two-bathroom unit, offering a strong income stream with significant upside potential. Units 1, 2, and 3 have generated over $51,000 in actual revenue year-to-date. There is clear room to maximize total cash flow to current market rates, with projected proforma rents at $2,500 per month for the one-bedroom, one-bathroom layout in Unit 3, and $4,000 per month for the spacious owner-occupied layout in Unit 4. Located just minutes from Las Olas, downtown Fort Lauderdale, and the beach. The property is being sold strictly as-is.
| MLS # | A12048001 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1966 |
| Days On Site | 98 |
| Listing Provided By | Compass Florida, LLC | Nicole Murray Chen |
| SQ Feet | 2,779 |
|---|---|
| Story(s) | 1 |
| Units | 4 |
| Zoning | RC-15 |
| Acreage | 6250.00 |
| Lot Features | Interior Lot |
|---|
| Tax Annual Amount | 23972 |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Fort Lauderdale |
| Zip Code | 33301 |
| Area | 3270 |
| Subarea | FTNE Ft Lauderdale NE (3240 3270;3350 3380;3440 3450;3700) |
| Community Name | MIDDLE RIVER PARK |
| Listing VS Median (in MIDDLE RIVER PARK) | |
Price: $1,275,000 low | high Med: $2,000 sqft: 2,779 low | high Med: 650 $ / sqft: $459 low | high Med: $3 On site: 98 low | high Med: 29 | |
| State | FL |
|---|---|
| County | Broward |
| City | Fort Lauderdale |
| Zip Code | 33301 |
| Area | 3270 |
| Subarea | FTNE Ft Lauderdale NE (3240 3270;3350 3380;3440 3450;3700) |
| Community Name | MIDDLE RIVER PARK |
| Listing VS Median (in MIDDLE RIVER PARK) | |
Price: $1,275,000 low | high Med: $2,000 sqft: 2,779 low | high Med: 650 $ / sqft: $459 low | high Med: $3 On site: 98 low | high Med: 29 | |