4825 NE 23rd Ave, #1-7
Fort Lauderdale, FL 33308
Closed
Property Description
Unlock significant equity in one of Fort Lauderdale’s most sought-after pockets. This 7-unit multifamily asset is the perfect "blank canvas" for an investor looking to capitalize on immediate rental growth or a high-yield hospitality conversion. Current rents are significantly below market. With all tenants on month-to-month leases, a new owner can immediately implement renovations to achieve market-leading ROI. Ideal for a traditional long-term hold or a lucrative Short-Term Rental conversion, given its proximity to the beach and tourist hubs.
The 40-year safety certification is complete, offering peace of mind and reducing immediate capital expenditure.
Nestled near Coral Ridge Country Club and just minutes from the pristine beaches of Lauderdale-by-the-Sea, major commuter highways, Holy Cross Hospital, within 5–10-minute drive and walking distance to restaurants, shops, schools, and major highways.
Property Details
Essential
- StatusClosed
- Days On Site97
- Days To Sale28
- MLS#A11975188
- Property TypeCommercial Sale
- Property Sub TypeIncome/MultiFamily
- Number of Stories1.0
- Property Size5,409 sqft
- Lot Size13995.00 Square Feet
- Tax Amount$29,759
- Tax Year2025
- HOANo
- Data SourceMiami Association of REALTORS®
- Latest Update06/06/2026
