4825 NE 23rd Avenue Unit 17, Fort Lauderdale, FL 33308
- $1,640,000
- Sold Price
- $1,640,000
- List Price
- $1,690,000
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.
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Listing courtesy of Douglas Elliman. Contact:
Selling Office: Douglas Elliman.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Elizabeth Anne Ciborowski | Email: liz.ciborowski@elliman.com