335 SW 20th St.

• GREAT LOCATION! 10 minutes from International Ft. Lauderdale Airport, 5 minutes to the beach and only 8 minutes to trendy Flagler Village and Las Olas Blvd downtown.
• 14 Large units consisting of (6) 2 bedroom-1 bath and (3) 3 bedrooms-1 bath, (5) 1 bedrooms-1 bath.
• Properties sits on 3 lots.
• Room to build 4 additional apartments.
• The two properties are located at the corner of 4th Ave and 20th St.
• This property is comprised of Two Multi-Family Buildings, totaling 14 doors with very large size interiors units.
• Total sq. ft. of both buildings are 9,951 sq. ft. and sit on a total of 0.4944 acres or close to one half acre of ground. (3 lots combined)
• The buildings have been completely renovated on the interior and exterior.
• (3) 3 bedrooms 1 bath available to AirBnB.

Property Description

New to market Extensively Renovated Apartment Complex Completed in 2022 Producing $424k Gross on annual Leases, $ $297,935 NET @ 6.5% CAP Properly Underwritten on sale-price taxes, Expenses, Vacancy & Maintenance 14 large units with 26 bedrooms, 80 windows, Private yards, 23 Parking spots. 10,000sqft, 3 lots totaling Half an acre Impact Windows & Doors, Kitchens, Railings, Plumbing & Driveway Paving 2019 HVAC & Updated electric & New Roof with 20 year warranty 40 Year certification in 2019 4 Point Wind Inspection 2023 located in a Million-dollar home neighborhood, on 4th Avenue, very close to near Downtown Las Olas, International Airport & Shipyard, Marina Mile Yacht industry. High Demand area for Airline & Ship workers, Stewardesses, Traveling Nurses, Remote workers