1708 NE 20th Ave Immeuble residentiel 8 lots 1 362 847 € (170 356 €/Lot) Taux de capitalisation 6,10 % Fort Lauderdale, FL 33305

Prime Multifamily Investment in Poinsettia Heights – Fort Lauderdale
Gala Real Estate & Development is proud to present an outstanding investment opportunity in Poinsettia Heights, one of Fort Lauderdale’s most desirable and high-quality residential neighborhoods.
Property Highlights:
Unit Mix: 7 units – 1 Bed / 1 Bath
1 unit – 2 Beds / 2 Baths
Parking: 13 dedicated spaces
Zoning: RM-25
Lot Size: 13,010 SF
Building Size: ±5,110 SF
Coin Laundry on-site
Electrical system upgraded
40-Year Recertification & 10-Year Safety Inspections completed
Sold AS-IS – old roof and windows
2 vacant units – immediate value-add opportunity
Location, Location, Location:
This centrally located property is just minutes from the beach, Downtown Fort Lauderdale, Coral Ridge Mall, and The Galleria Mall.
Within walking distance to Whole Foods, Trader Joe’s, Publix, Wild Fork, Total Wine, Best Buy, and top-tier dining options.
The neighborhood is quiet, high-quality, and predominantly made up of upscale single-family homes.
Top-rated public schools (rated A and A+) contribute to high rental demand and long-term appreciation potential.
This is a rare chance to renovate and elevate an income-generating asset while enjoying immediate rental income from the existing tenant base. The vacant units allow an incoming investor to begin upgrades and increase revenues from day one.