Basics
- Category: CommercialSale
- Type: Multifamily
- Status: Active
- Bathrooms: 0
- Floors: 3, 3
- Lot size: 6750, 6750 sq ft
- Year built: 2022
- County: Broward
- MLS ID: B26083230
Description
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Description:
PROGRESSO 2-18 D LOT 4,5 BLK 316 Art Lofts is a nine-unit multifamily property built in 2022, located in the MASS Districtof Flagler Village in Downtown Fort Lauderdale. The unit mix consists of seven studios and two one-bedroom units with modern finishes throughout. PROPERTY HIGHLIGHTS 9-Unit Multifamily Investment in Fort Lauderdale's Flagler Village / MASS District Built in 2022 - modern construction with minimal near-term capital requirements Unit Mix: 7 studios + 2 one-bedroom units The property currently operates as a furnished short-term rental, producing a 6% cap. Prime Downtown Fort Lauderdale Location with strong walkability to dining, retail, entertainment, and employmentrate on trailing operations with 81% occupancy.
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Location
- Lot Size Acres: 0.15 acres
Building Details
- Water Source: Public
- Lot Features: LessThanOneAcre,LessThanQuarterAcre
- Sewer: PublicSewer
- Construction Materials: CBSConcreteBlockStructure,Block
- Covered Spaces: 0
- Number Of Buildings: 1
Amenities & Features
- Parking Features: Assigned,AccessibleParking,Covered
- Security Features: KeyCardEntry
- Parking Total: 10
- Roof: Other
- Association Amenities: ControlledAccess
- Utilities: SewerAvailable,WaterAvailable
- Cooling: CentralAir
- Electric: Amps100
- Heating: Central
Expenses, Fees & Taxes
- Tax Annual Amount: $54,940
- Tax Year: 2025
Miscellaneous
- List Office Name: Native Realty Co.
- Listing Terms: Cash,Conventional
Ask our real estate expert about this property
This Multifamily-type commercial real estate is located in 637, 4TH, Fort Lauderdale, FL, 33304 was built in 2022, and is listed at $3,700,000.