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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