1723 NE 6th St
- 11-unit multifamily property
- Zoned RC-15 allowing for redevelopment potential
- Located near Downtown Fort Lauderdale and Flagler Village
- Minutes to the beach, retail, dining, and major corridors
Property Description
Native Realty is pleased to present an 11-unit multifamily investment opportunity located at 1723 NE 6th Street in Fort Lauderdale. The property consists of approximately 3,983 square feet of improvements situated on a 9,465 square foot lot in a highly desirable and rapidly evolving residential submarket. The asset features a well-utilized unit configuration with strong in-place rental income and the potential to further increase rents through interior upgrades and operational improvements. The property’s density relative to lot size provides an efficient footprint, maximizing income potential while maintaining manageable scale. Zoned RC-15, the property allows for multifamily residential use with future redevelopment or density optimization potential, offering investors both immediate cash flow and long-term upside. Strategically located just minutes from Downtown Fort Lauderdale, Flagler Village, and the beach, the property benefits from strong rental demand driven by proximity to employment centers, dining, retail, and major transportation corridors. This offering presents an opportunity to acquire a stabilized, income-producing asset with value-add potential in one of Fort Lauderdale’s most active multifamily corridors.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,200,000 |
| No. of Units: | 11 |
| Year Built: | 1950 |
| Lot Size: | 0.22 Acres |
| Opportunity Zone: | No |
| Price per unit: | $200,000 |
| Property Website | Click Here |
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Brokers
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Remax Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout