Basics

Description

  • Description:

    Prime Victoria Park Multifamily | Legal 5-Unit Turnkey Short-Term Rental Investment
    Rare opportunity to acquire a legal 5-unit multifamily building in the heart of Victoria Park, one of Fort Lauderdale’s most desirable and supply-constrained neighborhoods. RCs-15 zoning severely restricts new multifamily construction, making existing income-producing properties like this increasingly rare and difficult to replace.
    This two-story building features a strong unit mix with 3 large 1-bedroom units, 1 spacious studio, and 1 very large 2-bedS/ 1-bath unit. All 5 legal units were fully renovated in 2024, including updated kitchens, bathrooms, flooring, and comprehensive interior upgrades. Full impact windows are installed throughout all units, enhancing safety, insurability, and long-term value.
    The property generated over $180,000 in gross income in 2025 and is currently operated as a short-term rental business. The existing short-term rental operation is included in the sale, and the property is offered fully furnished and equipped, allowing immediate continuation of operations upon closing.
    Additional features include a 6,633 SF lot, 6 on-site parking spaces, a separate exterior coin-operated laundry room, and six individual electrical meters (1 per legal unit) plus an additional house meter.
    A true turnkey, legal multifamily investment in a prime location where new commercial and multifamily development is no longer permitted, supporting long-term cash flow and appreciation. VICTORIA PARK CORR AMEN PLAT 10-66 B LOT 11 E 62.86,12 E 62.86 BLK 18

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Rooms & Units Description

  • Unit Number: 1-5

Location Details

  • County Or Parish: Broward

Building Details

  • Structure Type: Apartment,MultiFamily
  • Covered Spaces: 0

Expenses, Fees & Taxes

  • Association Fee: 0
  • Tax Annual Amount: $26,554
  • Tax Year: 2025

Fees & Taxes

  • Association Fee: 0

Miscellaneous

  • List Office Name: LoKation
  • Listing Terms: Cash,Conventional
  • Attribution Contact: 786-450-8975

This SLS Brickell , style property located in , is a Real Estate listing and is available on Miami Real Estate & Miami Homes for Sale. This property is listed at $2,149,000, has bedrooms, 0 baths bathrooms, and has a area. This property was built in 1961.

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