Edgewood Apartments is a 9-unit multifamily community located in the heart of the Edgewood submarket in Fort Lauderdale, Florida, which is in Broward County. The subject property was built in 1951 using reinforced concrete block construction with a painted stucco exterior and is situated on 0.86 acres of land. The property is located on the west side of SW 15th Ave and is just east from I-95 while also being just north of I-595. The surrounding area boasts multi-family buildings of similar age and construction. Additionally, Edgewood Apartments is a short drive from one of the most well-known beaches in Broward County, Ft.
Lauderdale Beach Park. Also due to the location, a new tenant has the ability to be within walking distance from major retailers, grocery stores, and local restaurants along SW 24th St.
The investment opportunity consists of a highly attractive unit mix of (7) one-bedroom & one-bathroom and (2) two-bedroom & one-bathroom units, totaling approximately 6,620 TSF. The property boasts amenities such as ample parking, a lush courtyard, and laundry on site. Edgewood Apartments offers an investor the opportunity to purchase an unbelievably located, value-add property in the heart of one of the hottest markets in Florida. The investment opportunity offers amazing cash flow day one with the ability to add value in a location that simply cannot be beat!
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What's Nearby?
Restaurants
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Coffee Shops
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Bars
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Education
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Hospitals
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Stores
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Grocery
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Pet Store
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Bank
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Gas Stations
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Shopping Malls
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Park
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