Multi-Family Space For Lease @ 708 Sw 15th Ave

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. This space offers accomodations for: lowrisegarden.