GREAT FIX AND FLIP OR BUY AND HOLD IN 633 NW 15th Ave, Fort Lauderdale, FL 33311

$579,900

Beds

Baths

2,570

Sq ft

1959

Year built

$200K spread

About this property

Property Details: 5-Unit Multifamily Property 2,570 SQFT Living Area 4 of 5 Units Occupied Current Rental Income: $4,500/Month Property Features: 3 Electric Meters 1 Water Meter Prime Value-Add Opportunity Located in a High-Demand Fort Lauderdale Rental Market Investment Highlights: Strong Cash Flow with Immediate Income Excellent Opportunity to Increase Rents and Value Comparable Supports Strong Upside Comparable Sale: 645 NW 15th Ave, Fort Lauderdale, FL 33311 4-Plex | 6 Bed / 5 Bath | 2,225 SQFT Sold for $770,000 Purchase Terms: As-Is Sale Cash or Hard Money Seller selects escrow and title agent Buyer covers all closing costs Inspect before contracting

Property snapshot

Layout0 Bed / 0 Bath

Living area2,570 sq ft

Lot size0 sq ft

Year built1959

Property typeMulti-Family

CountyBroward County

Deal details

Asking price$579,900

ARV estimate$780,000

Spread (ARV − asking)$200,100

Brought to you by

Ms. Meriam Aberri

Miami Off-Market Deals

+1 (305) 762-9521 office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking

$580K

ARV est.

$780K

Spread

$200K

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