16 UNIT MULTIFAMILY INVESTMENT WITH STRONG CAP RATE
- $2,800,000
16 UNIT MULTIFAMILY INVESTMENT WITH STRONG CAP RATE
- $2,800,000
Details
Updated on May 12, 2026 at 4:53 am-
Property ID FC-63114
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Price $2,800,000
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Property Size 11671 ft²
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Land Area 31089 ft²
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Units 16
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Year Built 1958
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Property Type Multi-family
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Property Status For Sale
Description
Fausto Commercial is pleased to present an exclusive opportunity to acquire a fully occupied 16-unit multifamily in Margate, situated on a generous 0.71-acre lakefront parcel. Featuring 11,671 SF across 2 two-story concrete block buildings with 12 one-bedroom/1-bath units and four oversized 2-bedroom/1-bath units, offering strong in-place income and consistent tenant demand in one of Broward County’s most stable rental markets.
Address
Open on Google Maps-
Address: 1241-1251 W River Dr, Margate, FL 33063, Coral Springs, Florida, 33063
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State/county: Broward County
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Zip/Postal Code: 33063
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