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2210 NW 7th Ct, Fort Lauderdale, FL, 33311

2210 NW 7th Ct
$2,100,000

Key Information

Cap Rate
5.88%
$ per SF
$304
Tot. SF
6,892
$ per unit
$210,000
Units
10
Year Built
1965
Type
Apartments
Occupancy
100%
NOI
$123,376

Highlights

  • All 2-Bedroom / 1-Bath Units — 100% two-bedroom layout throughout, offering strong rental demand and above-average rent potential for the submarket
  • Value-Add Opportunity — Below-market rents with significant upside through interior renovations and rent repositioning
  • 10 Separate Electrical Meters — Each unit individually metered, allowing tenants to pay their own electric and reducing owner utility expenses
  • On-Site Laundry Room — Amenity that drives tenant retention and provides potential additional income
  • 10 Parking Spaces — Dedicated off-street parking with one space per unit, a coveted feature in this market
  • Two-Story Garden-Style Building — Classic South Florida architecture with exterior walkways and ample natural light
  • Flat Roof — Roof is visible and accessible; ideal for evaluation and future capital improvement budgeting
  • Mature Landscaping — Tree-lined lot provides shade and curb appeal throughout the property, also requires minimal landscaping costs
  • 100% Occupancy — Tenants in place at closing, providing strong immediate cash flow
  • Recertification Completed – Recertification was last completed in 2020

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # BK3554632, CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203