4825 Ne 23rd Avenue #1-7, Fort Lauderdale, FL

$1,640,000

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0.320

Acres

About 4825 Ne 23rd Avenue #1-7

Unlock significant equity in one of Fort Lauderdale’s most sought-after pockets. This 7-unit multifamily asset is the perfect "blank canvas" for an investor looking to capitalize on immediate rental growth or a high-yield hospitality conversion. Current rents are significantly below market. With all tenants on month-to-month leases, a new owner can immediately implement renovations to achieve market-leading ROI. Ideal for a traditional long-term hold or a lucrative Short-Term Rental conversion, given its proximity to the beach and tourist hubs.The 40-year safety certification is complete, offering peace of mind and reducing immediate capital expenditure.Nestled near Coral Ridge Country Club and just minutes from the pristine beaches of Lauderdale-by-the-Sea, major commuter highways, Holy Cross Hospital, within 5–10-minute drive and walking distance to restaurants, shops, schools, and major highways.

Features of 4825 Ne 23rd Avenue #1-7

MLS® # A11975188
USD $1,640,000
CAD $2,280,125
CNY 元11,010,960
EUR €1,421,890
GBP £1,217,569
RUB ₽138,823,048
Last Listing Price $1,690,000
Acres 0.32
Year Built 1961
Type Residential
Sub-Type Multi Family
Status Closed
HOPA No Hopa

Community Information

Address 4825 Ne 23rd Avenue #1-7
Area 3250
City Fort Lauderdale
County Broward
State FL
Zip Code 33308

Amenities

Parking Common

Interior

Heating Electric, Window/Wall
Cooling Wall/Window Unit(s)
# of Stories 1

Exterior

Roof Barrel
Construction Block, CBS

Additional Information

Date Closed March 31st, 2026
Date Listed March 3rd, 2026
Days on Market 196
Zoning RMM-25
Foreclosure No
Short Sale No
RE / Bank Owned No
Parcel ID 494224080860

Listing Details

OfficeDouglas Elliman

Listing Map

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