Multi-Family Space For Lease @ 817 Ne 19th Ave

The Victoria Square Apartments opportunity is a very well located asset with a level of desirability that is second to none in the broader marketplace. The rental market here is incredibly strong with units renting out in many cases within hours, not days. Connectivity to the tremendous Fort Lauderdale life of sun, sports, and economic growth will provide decades of strong rental appreciation for Victoria Square Apartments.

The property is a 4 unit building with renovated interior units. Renovations include new kitchens, new tile/vinyl wood flooring and stainless steel appliances. The apartments feature a stackable washer/dryer in addition to private courtyards for barbequing and other unit activities. Kitchens feature new cabinets, counters, stainless steel appliances and gas cooking which is a desired amenity. Bathrooms have seen renovations as well with many new tiles, new vanities and more.

The zoning for Victoria Square Apartments is RMM-25, mid rise multifamily and tourist accommodations thereby allowing for a potential short term rental use. That market is very strong and has the potential to boost the NOI significantly for the experienced operator. The Victoria Park neighborhood is a high barrier to entry community with a strong rental market to support it. This space offers accomodations for: lowrisegarden.