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Building Description
Executive Summary
THE ALPHA COMMERCIAL ADVISORS® PROUDLY PRESENTS AN EFFICIENT 8-UNIT MULTIFAMILY ASSET OFFERING DURABLE IN-PLACE CASH-FLOW + MEANINGFUL UPSIDE
NEAR DOWNTOWN FORT LAUDERDALE….
This consistently 100%-occupied income property comprises eight market-rate 1-BR/1-BA residences arranged across four duplex-style buildings—an in-demand configuration offering greater privacy via fewer shared walls, and more predictable ongoing capital requirements. The units have been partially improved, with in-unit washers and dryers installed in half, and a clear opportunity to round out improvements to support continued organic rental growth as the area evolves.
In addition to convenient on-site parking, thoughtful features—including individually gated yards for every tenant—create a distinctive living experience within Fort Lauderdale’s traditional rental inventory. Positioned in Historic Dorsey-Riverbend near the Sistrunk Corridor, Flagler Village, Brightline, and Downtown Fort Lauderdale, the property offers connectivity to employment, transportation, entertainment, and continued surrounding investment. Priced-to-sell, this is an ideal opportunity to acquire a manageable, durable cash-flowing asset with consistent occupancy, market-rate income, and a straightforward path to additional value.
INVESTMENT HIGHLIGHTS
Durable Market-Rate Cash-Flow: Consistently 100%-occupied 8-unit multifamily asset with market-rate annual tenants, providing dependable in-place income supported by a proven history of tenant demand.
Operationally Efficient Layout: Four duplex-style buildings support straightforward property operations and more predictable ongoing capital requirements, while adding unique private yards feature for each unit.
Embedded Interior Upside: Partially improved residences—with in-unit washers and dryers already installed in half of the units—provide a clear opportunity to complete and standardize the renovations while supporting continued rental growth.
Connected Fort Lauderdale Location: Historic Dorsey-Riverbend setting near the Sistrunk Corridor, Flagler Village, Brightline, and Downtown Fort Lauderdale, placing residents near major employment, transportation, dining, and entertainment.
Compelling Acquisition Basis: Truly priced to sell, this is a standout opportunity to acquire a manageable multifamily investment with proven income stability, and a clear path to further income growth.
Approved Uses by Zoning — Residential Single Family/Low Medium Density (RS-8 - Residential Single-Family 8)
Uses permitted by right under the municipality’s zoning for this district. The property may carry additional restrictions (deed, association or lease), so tenants are responsible for confirming their intended use with the municipality and landlord before committing.
Allowed by right
Single Family Dwelling, Community Residence, 3 residents maximum (Sec. 47-18.47), Family Community Residence, 4 to 10 residents; 1,000' distance separation (Sec. 47-18.47), Active and Passive Park (Sec. 47-18.44), Social Service Residential Facility, Level I (Sec. 47-18.32), Family Day Care Home (Sec. 47-18.8), Urban Agriculture / urban farms and community gardens (Sec. 47-18.41; allowed only where the 47-18.41 zoning/land-use-designation conditions are met)
With special approval
Family Community Residence, less than 1,000' distance separation (Sec. 47-18.47), Transitional Community Residence, more than 4 residents / Family Community Residence, more than 10 residents / Community Residence, no license or certification available (Sec. 47-18.47)
