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Zone» 33308» 4825 NE 23rd Ave # 7

Features
: Central Electric , Wall/window Units
: Wall/window Unit(s)
: Barrel Roof
: Common
: Tile
: Public Sanitation
1
: Storage , Laundry Facilities
Address Map
FL
Broward County
Fort Lauderdale
33308
4825 NE 23rd Ave # 7
4825
0
W81° 53' 6.6''
N26° 11' 12.6''
1-7
Use
494224080860
RMM-25
: Ne
Additional Information
Douglas Elliman
: Concrete Block Construction , Cbs Construction
$29,759
2025
1
1
1
: Leases , Building & Land
: Month To Month
: All Cash , Conventional/refinance
: City Street
: Sale
517-449-5495
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.

This listing is courtesy of Elizabeth Ciborowski at Douglas Elliman em:liz.ciborowski@elliman.com ph:517-449-5495.


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Commercial Sale

4825 NE 23rd Ave # 7, Fort Lauderdale, Florida 33308

$1,690,000
Listing ID#A11975188
QR Code
Basic Details
Property Type : Commercial Sale
Property Sub Type : Income/multifamily
Listing Type : For Sale
Listing ID : A11975188
Price : $1,690,000
Year Built : 1961
Built up area : 5,409 Sqft
Status : Active
Type of Business : Residential-multi-family