Price: $1,550,000 | 4,162 s.f. | Beds | Baths
| Listing Price: | $1,550,000 |
| Price per Square Foot: | $372.42/s.f. |
| Beds: | |
| Baths: | |
| Interior Space: | 4,162 s.f. (386.7 m²) |
| Total Size: | 4,162 s.f. (386.7 m²) |
| Monthly Maintenance Fee: | $0 |
| Taxes (2025): | $18,872 |
| Reference: | A11950199 |
| See this property on BHSUSA.com | |
TOTALLY UPDATED INCOME GENERATING BUILDING! Walk to the BEACH! This two-story, 4,162 SF multifamily building sits on a 5,500 SF lot and offers immediate income! The property features 4 spacious units, each a 2-bedroom / 2-bathroom residence, all currently leased on 12-month agreements. Current annual income:$112,800 Projected annual income: $124,000 NOI: $71,447 Cap Rate: 4.61% Fully updated in 2019, including completion of the 40-year certification. New roof installed with permits in January 2026, offering long-term peace of mind. Unit features: Hurricane-impact windows and doors, recent interior paint, porcelain flooring, in-unit washer/dryer combos, stainless-steel appliances, open-concept kitchens, and a well-maintained garden with secured fencing. Situated in a high-demand rental area near the upcoming Town Center Redevelopment, surrounded by new luxury high-rises—a strong catalyst for future appreciation and tenant demand.Walk to the beach, restaurants, public transit, schools. and close to the Normandy Shores Golf Course
The MLS data provided for the property above (MLS#A11950199) is provided courtesy of London Foster Realty. Source: Southeast Florida MLS. Data updated 1/24/2026. Information is deemed reliable but not guaranteed. Copyright © 2026. The listing data on this page comes in part from the Internet Data Exchange (IDX), a collaboration between the following REALTOR(R) associations in the South Florida Multiple Listing Service (MLS): Miami Realtor Association, Realtor Association of Greater Ft. Lauderdale and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is believed to be accurate, but is not warranted. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
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