Address507-513 Nw 8Th Ave, Fort Lauderdale, FL, 33311

Price$2,500,000

  • Commercial Sale
  • Built in 2023

$CAP RATE OVER 10% & RISING$ FULLY-LICENSED SHORT-TERM RENTAL PORTFOLIO OF 5 INDIVIDUALLY TITLED TOWNHOMES WHICH JUST WENT ACTIVE AUGUST 2023. LESS THAN 5 MINUTES FROM DOWNTOWN & ALL THE LAS OLAS BLVD ACTION . ALL FUTURE BOOKINGS INCLUDED WITH THE SALE! "SISTRUNK SHADES" IS THE NAME UNDER WHICH YOU WILL FIND IT IN AIRBNB & ALL THE STR PLATFORMS. NEW CONSTRUCTION BUILT IN 2023. TURNKEY FULLY-FURNISHED BUSINESS. SELLER CAN STAY ON & MANAGE THE OPERATION SO THAT THE BUYER CAN TAKE ADVANTAGE OF ALL THE MARKETING & MOMENTUM CREATED BY THE SELLER. START MAKING MONEY IMMEDIATELY AFTER CLOSING! EACH TOWNHOME IS FULLY FURNISHED & CONSISTS OF 3 BEDROOMS, 2.5 BATHS & A 1-CAR GARAGE. THERE IS ALSO ONE ASSIGNED PARKING SPACE/UNIT & 2 GUEST PARKING SPACES. LOW INSURANCE & NO HOA FEE!

Essential Information

  • MLS® #A11517021
  • Price$2,500,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built2023
  • TypeCommercial Sale
  • Sub-TypeMulti Family
  • StatusActive

Community Information

  • Address507-513 Nw 8Th Ave
  • Area3390
  • CityFort Lauderdale
  • CountyBroward County
  • StateFL
  • Zip Code33311

Amenities

  • ParkingAssigned, Guest

Interior

  • InteriorTile, Wood
  • HeatingCentral, Electric
  • CoolingCentral Air
  • # of Stories2
  • StoriesTwo

Exterior

  • WindowsImpact Glass
  • RoofShingle
  • ConstructionBlock

Additional Information

  • Date ListedJanuary 18th, 2024
  • Days on Website119

Listing Details

  • OfficeMiami Real Estate Agency
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