1329 NE 17th Ave
Fully occupied four-unit multifamily building in Fort Lauderdale, Florida, offered at $1,000,000 at a 4.41% cap ($44,091 NOI). The property comprises three one-bedroom, one-bathroom units and one two-bedroom, two-bathroom unit in a single-story concrete block structure built in 1964, situated on a 6,754 SF lot in the RC-15 zone near Federal Highway and Sunrise Boulevard.
The 2,932 SF building features a stucco exterior, metal roof, on-site laundry, solar panels, wall-mounted air conditioning, and five paved parking spaces. Located in an established neighborhood with strong household incomes and continued population growth, the property offers convenient access to shopping, dining, parks, employment centers, beaches, Port Everglades, and Fort Lauderdale–Hollywood International Airport.
- 100% occupied, four-unit multifamily
- Built 1964, well-maintained concrete block construction
- Solar panels and on-site laundry
- Convenient access to beaches, airport, and downtown employment centers
- RC-15 zoning in established rental market
More property details
Location
1329 Northeast 17th Avenue is a well-maintained four-unit multifamily property located in Fort Lauderdale, Florida. Originally built in 1964, the property consists of a single-story concrete block building with a stucco exterior and durable metal roof, offering approximately 2,932 square feet of building area on a 6,754-square-foot lot. The unit mix includes three one-bedroom, one-bathroom apartments and one spacious two-bedroom, two-bathroom apartment. Property amenities include on-site laundry facilities, solar panels, wall-mounted air conditioning units, paved parking, and RC-15 zoning. Ideally situated near Federal Highway (US-1), Sunrise Boulevard, and Downtown Fort Lauderdale, the property provides residents with convenient access to shopping, dining, parks, employment centers, beaches, Port Everglades, Fort Lauderdale–Hollywood International Airport, and major transportation routes. Located in an established neighborhood supported by strong household incomes and continued population growth, this property represents an attractive investment opportunity in one of Fort Lauderdale's most desirable rental markets.