PROGRESSO 2-18 D LOT 4,5 BLK 316 New Pricing, Seller is motivated! Recently appraised at $3.86M, not including furniture and improvements! Discover an exceptional investment opportunity in the heart of Downtown Fort Lauderdale. This new-construction 9-unit multifamily property (built in 2022) offers strong performance, modern finishes, and unmatched flexibility for both short-term and long-term rental strategies.

Currently operated as a high-performing Airbnb with 81% occupancy, the property boasts 1,000+ five-star reviews and an impressive 4.8 host rating. The entire Airbnb business profile can be transferred to the buyer, allowing you to step into a fully automated, hassle-free operation and start collecting rental income from Day 1.

Investors seeking long-term stability also have the option to convert the property to traditional rentals, achieving a 5%+ cap rate with minimal effort.

Additional highlights:

- 6% cap rate based on current short-term rental operations

- Built in 2022 — modern, low-maintenance construction

- Turnkey, all furniture, fixtures, and improvements included

Whether you're looking for reliable cash flow, ease of ownership, or prime real estate in an A+ location, this property delivers exceptional value.