4-Unit Multifamily Opportunity

Nestled in the heart of Fort Lauderdale, the area surrounding the property presents a compelling proposition for Multifamily and High-Rise investors. Just steps away, residents can explore the vibrant culinary and entertainment scene along Wilton Drive and experience the upscale shopping and dining at The Galleria at Fort Lauderdale. The nearby Hugh Taylor Birch State Park offers a tranquil natural retreat, while the sparkling waters of Fort Lauderdale Beach beckon with their allure. With seamless access to major transit routes and the dynamic urban offerings of downtown Fort Lauderdale, the location provides an attractive fusion of urban convenience and recreational opportunities, enhancing its appeal for savvy investors.Native Realty is pleased to present a 4-unit multifamily investment opportunity located at 1506 NE 5th Avenue in Fort Lauderdale. The property consists of approximately 2,269 square feet of improvements situated on a 6,507 square foot lot. The asset offers a well-configured layout with strong rental appeal, catering to consistent demand for small-format multifamily units in the area. The property provides stable in-place income with the opportunity to increase rents through interior upgrades and improved management. Zoned RM-15, the property allows for multifamily residential use with potential for future redevelopment or density optimization. Its manageable scale makes it an ideal entry-level investment or a strategic addition to an existing portfolio. Strategically located just minutes from Downtown Fort Lauderdale, Flagler Village, and Wilton Manors, the property benefits from proximity to major employment centers, retail, dining, and transportation corridors. This offering presents an opportunity to acquire a well-located, income-producing asset with value-add potential in a high-demand rental submarket.