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Exceptional 7-unit multifamily investment east of US-1 in one of Broward's most sought-after rental corridors. Built with concrete block construction and featuring fully renovated interiors, this 100% occupied asset delivers immediate, day-one income of $10, 025/month.
Located just minutes from Dania Pointe — Broward's premier mixed-use destination with top-tier dining, retail, and entertainment — and 2 miles from Fort Lauderdale-Hollywood International Airport and Port Everglades, the location drives consistent tenant demand and low vacancy.
The unit mix of 4 studios and 3 one-bedrooms offers broad renter appeal across market cycles. With most units still sitting below market rate, an investor has clear, low-risk upside through natural lease rollover — no construction, no heavy capital outlay. Bringing rents to market ($1, 400 studios / $1, 750 one-bedrooms) adds $825/month, nearly $10, 000/year in additional NOI, representing an 11. 5% blended mark-to-market opportunity. Partnership option available for investors to keep the current loan in place.
Great potential upside. Easy to show. Hurry, won't last.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,475,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,180,000 | $1,180,000 | $1,180,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.121% | 6.183% |
| Monthly Tax Payment | $1,560 | $1,560 | $1,560 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,886 | $7,075 | $9,958 |
| Total Monthly Payment | $8,571 | $8,760 | $11,643 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.