Prime Victoria Park Multifamily Legal 5-Unit Turnkey Short-Term Rental InvestmentRare opportunity to acquire a legal 5-unit multifamily building in the heart of Victoria Park, one of Fort Lauderdale’s most desirable and supply-constrained neighborhoods. RCs-15 zoning severely restricts new multifamily construction, making existing income-producing properties like this increasingly rare… Read More and difficult to replace.This two-story building features a strong unit mix with 3 large 1-bedroom units, 1 spacious studio, and 1 very large 2-bedS/ 1-bath unit. All 5 legal units were fully renovated in 2024, including updated kitchens, bathrooms, flooring, and comprehensive interior upgrades. Full impact windows are installed throughout all units, enhancing safety, insurability, and long-term value.The property generated over $180,000 in gross income in 2025 and is currently operated as a short-term rental business. The existing short-term rental operation is included in the sale, and the property is offered fully furnished and equipped, allowing immediate continuation of operations upon closing.Additional features include a 6,633 SF lot, 6 on-site parking spaces, a separate exterior coin-operated laundry room, and six individual electrical meters (1 per legal unit) plus an additional house meter.A true turnkey, legal multifamily investment in a prime location where new commercial and multifamily development is no longer permitted, supporting long-term cash flow and appreciation. Read Less
Courtesy of LoKation 954-545-5583
Listing Snapshot
Days Online
179
Last Updated
Property Type
Multi Family
Square Ft.
3,157
Lot Size
0.15 Acres
Year Built
1961
MLS Number
A11948614
30 Days Snapshot Of 33304
$937k
+17%
(avg) sold price
21
-34%
homes sold
171
-7%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1961, Toal building area: 3157, 5 total units
Lot
0.15 acres
Property
Zoning: RCS-15
Taxes
Annual amount: $26,554
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