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700-728 SW 81st Ter
North Lauderdale, FL 33068

$9,950,000 USD

Apartments For Sale • 38,254 SF

Property Details

Property Type Apartments
Total Building Size 28,500 SF
Lot Size 1.74 AC
Building Class C
Year Built 1976
Cap Rate 5.55 %
Zoning RM-16, N Lauderdale

27 Transit Score

56 Walk Score

                
                    Highlights
                
                                Two buildings, two stories, with recently upgraded roofs, impact-rated windows and doors, new 28 Cameras VIDEO system with Fiber ALL permit approved
                            
                                 All new fully renovated kitchen and bathrooms with modern appliances and high-quality fixtures - Increased revenue by charging water bills.
                            
                                 Upgraded electric meters and panels with GFI outlets with a complete replacement of plumbing fixtures with all PVC plumbing 
                            
                                 A newly constructed playground with handicap accessibility features accompanied by picnic benches and BBQ areas
                            
                                Over 100 permits pulled on this property in 2022-2023 and 2024
                            
                                A new site plan submitted for 10 additional units with an office, allowing for future growth and investment.

Property Flyers

IVS General Flyer

Cap Rate:

5.55 %

Amenities

24 Hour Access
Air Conditioning
Playground
Washer/Dryer
Grill
Walking/Biking Trails
Vaulted Ceiling
Refrigerator

Public Transportation

Commuter Rail	Drive	Walk	Distance
Cypress Creek (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	12 min	-	6.8 mi
Pompano Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	19 min	-	9.5 mi
Airport	Drive	Walk	Distance
Fort Lauderdale/Hollywood International	29 min	-	17.9 mi
Miami International	53 min	-	38.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	72
Type:	Surface
Included in Rent:	Yes

Daniel Dratch 845-304-5148 Franklin Street

700-728 SW 81st Ter North Lauderdale, FL 33068