-LEGAL 5 UNITS: Turnkey Short-Term Rental Investment in Prime Victoria Park. Multifamily Rare opportunity to acquire a legal 5-unit multifamily building in the heart of Victoria Park, one of Fort Lauderdale's most desirable and supply-constrained neighborhoods. RCs-15 zoning severely restricts new multifamily construction, making existing income-producing properties like this increasingly rare and difficult to replace. This two-story building features a strong unit mix with 3 large 1-bedroom units, 1 spacious studio, and 1 very large 2-bedS/ 1-bath unit. All 5 legal units were fully renovated in 2024, including updated kitchens, bathrooms, flooring, and comprehensive interior upgrades. Full impact windows are installed throughout all units, enhancing safety, insurability, and long-term value. The property generated over $180,000 in gross income in 2025 and is currently operated as a short-term rental business. The existing short-term rental operation is included in the sale, and the property is offered fully furnished and equipped, allowing immediate continuation of operations upon closing. Additional features include a 6,633 SF lot, 6 on-site parking spaces, a separate exterior coin-operated laundry room, and six individual electrical meters (1 per legal unit) plus an additional house meter. A true turnkey, legal multifamily investment in a prime location where new commercial and multifamily development is no longer permitted, supporting long-term cash flow and appreciation.
| MLS # | A12044962 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 91 |
| Listing Provided By | LoKation | Patrizia Caterina Goglio |
| SQ Feet | 3,157 |
|---|---|
| Story(s) | 2 |
| Units | 3 |
| Zoning | RCS-15 |
| Tax Annual Amount | 26554 |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Fort Lauderdale |
| Zip Code | 33304 |
| Area | 3270 |
| Subarea | FTNE Ft Lauderdale NE (3240 3270;3350 3380;3440 3450;3700) |
| Community Name | VICTORIA PARK CORR AMEN P |
| Listing VS Median (in VICTORIA PARK CORR AMEN P) | |
Price: $2,149,000 low | high Med: $1,499,000 sqft: 3,157 low | high Med: 2,174 $ / sqft: $681 low | high Med: $690 On site: 91 low | high Med: 5 | |
| State | FL |
|---|---|
| County | Broward |
| City | Fort Lauderdale |
| Zip Code | 33304 |
| Area | 3270 |
| Subarea | FTNE Ft Lauderdale NE (3240 3270;3350 3380;3440 3450;3700) |
| Community Name | VICTORIA PARK CORR AMEN P |
| Listing VS Median (in VICTORIA PARK CORR AMEN P) | |
Price: $2,149,000 low | high Med: $1,499,000 sqft: 3,157 low | high Med: 2,174 $ / sqft: $681 low | high Med: $690 On site: 91 low | high Med: 5 | |