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904 SE 12TH COURT – SOLD

Investment Highlights

  • RARELY AVAILABLE FULLY REMODELED “AIRBNB” 4-PLEX IN THE HEART OF RIO VISTA
  • LOCATED ON A HUGE 9,295 SQ. FT. LOT
  • CENTRALLY LOCATED TO DOWNTOWN FT. LAUD, LAS OLAS, FT. LAUD BEACHES, PORT EVERGLADES, AND THE FT. LAUD INTERNATIONAL AIRPORT
  • IMPACT WINDOWS & DOORS THROUGHOUT PROPERTY
  • VERY QUIET AND PEACEFUL SURROUNDED BY LUSH LANDSCAPING

Executive Summary

Rarely Available 4-Plex “AIRBNB RENTAL” Located in the heart of Rio Vista. Currently set up as a VRBO, this property boasts 4 huge (814 Sq.Ft.) 2 Bedroom,one bath units surrounded by beautiful old FL charm, with large yard space. Owner currently averages a daily rental rate of $90, keeping the property close to fully rented year round. Impeccably kept with Impact glass & impact doors throughout. Units are separately metered with common area washer & dryer. Two parking spaces per unit (8 total). Ready for the new owner to put their personal touch on the property & start increasing the average daily rates ,which have room to be increased. Very quiet & peaceful surroundings. Ideally located by prime retail, Las Olas Blvd, Fort Laud Beach,Port Everglades, and the Fort Laud International Airport.

Property Facts

Price $850,000 Building Class C
Price Per Unit $224,750 Lot Size 0.21 AC
Sale Type Investment Building Size 3,931 SF
No. Units 4 No. Stories 1
Property Type Multifamily Year Built 1968
Property Subtype Apartment Parking Ratio 2.04/1,000 SF
Apartment Style Garden Opportunity Zone No

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