Discover an exceptional investment opportunity in downtown Fort Lauderdale with this fully leased townhome community, boasting a seamless operation managed by a reputable sober living company owned by a New York REIT for past 7 years. Current rental rate is $4,800/month. Renewal term is 5 years @ $5,200/month. Corporate tenant pays all utilities and repairs. The HOA management handles rental collections and repairs for all unit owners. This is a turn key investment with minimal effort for owner/investor. 3 bedroom 2.5 bath unit featuring 2 levels, w/ balcony and a two car garage. Great steady investment with appreciation upside, being a fee simple townhome in down town Fort Lauderdale, next to Whole Foods, the famous SE 17th St Causeway bridge and a short ride to the beach.
Property Features:
Address
FL,
Fort Lauderdale
Property Type
Residential / Townhouse
Listing Contract Date
2024-04-30
Window Features
Impact Glass
Cooling
Central Air, Ceiling Fans
Security Features
ComplexFenced
Association Fee Frequency
Monthly
Last Modification
2024-05-01 01:10:22