708 SW 15th Ave, Fort Lauderdale, FL 33312

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Building Details:

• Year Built: 1967

Riverside Flats is in the city of Fort Lauderdale, FL. Roughly 200,000 people call the city home with many flocking to the redevelopment areas of Flagler Village, Riverwalk, Riverfront, Fat City, and Progresso Village. There are millions of square feet at some phase of the construction timeline including thousands of residential class A apartments and multiple retail centers.

The subject property is located in Riverside Park which is known for the old growth trees and convenience of the connectivity it has to Downtown and Riverfront areas. The famous "Riverside Market" really kick started the craft beer craze in Fort Lauderdale and is just a few blocks walk away from Riverside Flats. Riverside Flats experiences a high level of occupancy due to the demand for this type of residential rentals so close to the action in Fort Lauderdale. Soon the city will create a multi acre park with kayak and paddle board access to the community which will further solidify Riverside Flats standing as one of the most desirable rental communities in Fort Lauderdale.

Fort Lauderdale is a city of the future as evidenced by Elon Musk's boring company having the winning bid for an underground "Las Olas Loop" that will ease congestion in the downtown area. There are many corporate headquarters that call Fort Lauderdale home including but not limited to Autonation, Citrix, Chewy.com, Magic Leap, Microsoft, and Spirit Airlines to name a few. Port Everglades is the states largest seaport and provides $29 Billion annually in economic activity directly impacting 11,000 local jobs.

Fort Lauderdale is known as "Venice of America" due to it's 165 mile network of inland waterways. This attracts and makes Fort Lauderdale home to the largest collection of million dollar yachts in the world. Showcased in the largest boat show in the world, "The Fort Lauderdale Boat Show"! The marine industry provides the area with great high paying jobs that helps property like Riverside Flats stay full.

• Available Spaces

Suite	Space Type	Pricing	Size
---	Multi-Family Space	For lease: Negotiable
Riverside Flats is an incredible opportunity to acquire multifamily real estate in one of the hottest neighborhoods in all of Fort Lauderdale. Just a short bike ride away is the famous "Riverside Market" and other eateries featuring extensive craft beer and other craft products. The subject property is nestled in between the North Fork and South Forks of the New River placing this asset a short distance to the World Famous Riverfront and Riverwalk areas of Downtown Fort Lauderdale. Due to the heavily desired location, Riverside Flats experiences very high historical occupancy rates and rapid rental growth. The neighborhood truly is a piece of Old Florida with old growth trees throughout the community. The Riverside Flats property has been very well maintained both prior to and during the current ownership cycle. All units were completely gut renovated a handful of years ago featuring new tile, new wood kitchens, granite counters, new appliances, hurricane impact windows, and now a new roof as of 2017. There is stackable laundry in each of the units and many have a separate back patio area for tenants to store odds and ends or make use of the space for cooking. The rental market in Fort Lauderdale continues to grow at a pace with very few rivals nationally. People are flocking to this city of the future at a remarkable pace. The perfect, "Live, Work, Play" situation as more and more professionals take advantage of the vibrant city of Fort Lauderdale and all of it's offerings. The city has quickly emerged as a tech hub with many firms coming to and calling the area home.  « show less Riverside Flats is an incredible opportunity to acquire multifamily real estate in one of the hottest neighborhoods in all of Fort Lauderdale....  show more » View Details Riverside Flats is an incredible opportunity to acquire multifamily real estate in one of the hottest neighborhoods in all of Fort Lauderdale. Just a short bike ride away is the famous "Riverside Market" and other eateries featuring extensive craft beer and other craft products. The subject property is nestled in between the North Fork and South Forks of the New River placing this asset a short distance to the World Famous Riverfront and Riverwalk areas of Downtown Fort Lauderdale. Due to the heavily desired location, Riverside Flats experiences very high historical occupancy rates and rapid rental growth. The neighborhood truly is a piece of Old Florida with old growth trees throughout the community. The Riverside Flats property has been very well maintained both prior to and during the current ownership cycle. All units were completely gut renovated a handful of years ago featuring new tile, new wood kitchens, granite counters, new appliances, hurricane impact windows, and now a new roof as of 2017. There is stackable laundry in each of the units and many have a separate back patio area for tenants to store odds and ends or make use of the space for cooking. The rental market in Fort Lauderdale continues to grow at a pace with very few rivals nationally. People are flocking to this city of the future at a remarkable pace. The perfect, "Live, Work, Play" situation as more and more professionals take advantage of the vibrant city of Fort Lauderdale and all of it's offerings. The city has quickly emerged as a tech hub with many firms coming to and calling the area home. Pricing: Negotiable Availability: Now Listing ID: 3164759 Save to list