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For Sale

12 - Unit Multifamily in Flagler Village

612 NE 2nd Ave,
Fort Lauderdale, FL 33304

Asset Snapshot

1973
Year Built
2
Floor Count
1
Building Count
12 Units
Unit Count
0 SF
Average Unit Size
7,330 SF
Property Size

Offering Summary

Investment Overview

Native Realty is pleased to present a 12-unit multifamily investment opportunity located in the heart of Flagler Village, one of Fort Lauderdale’s fastest-growing urban submarkets. The property consists of a 7,330 SF two-story building situated on approximately 13,500 SF of land. The unit mix includes ten 1-bedroom / 1-bath units and two 2-bedroom / 1-bath units, offering a balanced layout attractive to the area’s renter demographic. Units feature functional floorplans with strong natural light, tile flooring, and efficient kitchen layouts. The property also includes on-site parking and a simple configuration, allowing for ease of management. Positioned within RAC-UV zoning, the site benefits from flexible development potential, supporting higher density residential and mixed-use projects. The location places the asset within close proximity to Flagler Village, FAT Village, and Downtown Fort Lauderdale, where continued development is driving rental demand and long-term appreciation. This offering provides investors with a clear value-add opportunity through unit upgrades and rent growth, as well as long-term redevelopment upside in a rapidly evolving corridor.


Investment Highlights

  • 12-unit multifamily asset in Flagler Village
  • Strong unit mix: 10 one-bedroom units and 2 two-bedroom units
  • Located within RAC-UV zoning allowing higher density redevelopment
  • Positioned in one of Fort Lauderdale’s fastest-growing submarkets
  • Proximity to Flagler Village, FAT Village, and Downtown Fort Lauderdale

How it Works

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Listing Syndicated From

Buildout
For Sale
$2,700,000
Asking Price