11 Properties | 144 Units | In the Epicenter of East Broward County

The 11 properties are offered as a portfolio or individually

    Cushman & Wakefield, as exclusive marketing advisor, is pleased to present East Fort Lauderdale & Wilton Manors portfolio, a 144-unit in east Broward County of the neighborhood that include Coral Ridge, Fort Lauderdale, Wilton Manors and Victoria Park. The units average 648 square feet with almost 50% 2 or 3 bedrooms. The units are 96.5% occupied. The portfolio offers significant upside by first resetting rents to current market rent levels and second by implementing an in-unit renovation program. Such strategy can grow rents by almost $200 above current levels.
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East Ft. Lauderdale & Wilton Manors Portfolio (11 properties, 144 units)
1040 NE 10th Avenue
5 Units
1040 NE 10th Avenue
Fort Lauderdale, FL
Posted: 10/3/2019

11 Properties | 144 Units | In the Epicenter of East Broward County

The 11 properties are offered as a portfolio or individually

    Cushman & Wakefield, as exclusive marketing advisor, is pleased to present East Fort Lauderdale & Wilton Manors portfolio, a 144-unit in east Broward County of the neighborhood that include Coral Ridge, Fort Lauderdale, Wilton Manors and Victoria Park. The units average 648 square feet with almost 50% 2 or 3 bedrooms. The units are 96.5% occupied. The portfolio offers significant upside by first resetting rents to current market rent levels and second by implementing an in-unit renovation program. Such strategy can grow rents by almost $200 above current levels.
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East Ft. Lauderdale & Wilton Manors Portfolio (11 properties, 144 units)
1041-1045 NE 15th Street
7 Units
1041-1045 NE 15th Street
Fort Lauderdale, FL
Posted: 10/3/2019
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present Middle River Properties, 11-units located at 899 & 1041-1045 NE 15th street just north of downtown Ft Lauderdale. The property has shown strong historical occupancies with below market rents. There is significant rental upside by either increasing the rents on the units – 5 out of 11 units are on month-to-month leases with low rents – or by implementing a value-add program and improving the property while pushing rents even further. Renovated multifamily properties in the immediate area are renting upwards of $1,400 for a one bedroom unit. The three buildings were built in 1966 & 1986. The property in total has 19 parking spaces. The units average 649 square feet with 10 one-bedrooms and 1 two-bedroom. The properties are only minutes from Downtown Ft Lauderdale, Flagler Village, Galleria Mall and the beaches.
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Middle River (2 properties, 11 units)
1041-1045 NE 15th Street
7 Units
1041-1045 NE 15th Street
Fort Lauderdale, FL
Posted: 1/27/2020

11 Properties | 144 Units | In the Epicenter of East Broward County

The 11 properties are offered as a portfolio or individually

    Cushman & Wakefield, as exclusive marketing advisor, is pleased to present East Fort Lauderdale & Wilton Manors portfolio, a 144-unit in east Broward County of the neighborhood that include Coral Ridge, Fort Lauderdale, Wilton Manors and Victoria Park. The units average 648 square feet with almost 50% 2 or 3 bedrooms. The units are 96.5% occupied. The portfolio offers significant upside by first resetting rents to current market rent levels and second by implementing an in-unit renovation program. Such strategy can grow rents by almost $200 above current levels.
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East Ft. Lauderdale & Wilton Manors Portfolio (11 properties, 144 units)
745 NE 15 Avenue
12 Units
745 NE 15 Avenue
Fort Lauderdale, FL
Posted: 10/3/2019
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present 745 NE 15 Avenue, a 12-unit property in the highly desirable Victoria Park neighborhood of Ft Lauderdale. The property is 97.1% occupied with below market rents. There is significant rental upside by either increasing the rents on the units – 6 out of 12 units are on month-to-month leases with low rents or by implementing a value-add program and improving the property and rents even further. Renovated multifamily properties in the immediate area are renting upwards of $1,400 for a one bedroom unit. The property was built in 1968 and has its 40 year certification. The property includes a swimming pool and 19 parking spaces. The units average 661 square feet including 8 one bedrooms, one two bedroom and 3 three bedrooms. The property is only minutes from Downtown Ft Lauderdale, Flagler Village, Galleria Mall and the beaches. In the immediate area townhomes are selling upwards of $1 million and single family homes in excess of $5 million.
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745 NE 15 Avenue
12 Units
745 NE 15 Avenue
Fort Lauderdale, FL
Posted: 1/16/2020
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present 828 Pennsylvania Avenue, a 12-unit value add multifamily property located in the heart of South Beach. The property recently completed its 10-year recertification and totals 5,849 square feet on two stories. The property is 100% occupied. The property collects $177,000 per year with an additional $36,000 per year in income upside. Property consists of 4 studios and 8 one-bedroom units.
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828 Penn
12 Units
828 Pennsylvania
Miami Beach, FL  33139
Posted: 7/30/2019

11 Properties | 144 Units | In the Epicenter of East Broward County

The 11 properties are offered as a portfolio or individually

    Cushman & Wakefield, as exclusive marketing advisor, is pleased to present East Fort Lauderdale & Wilton Manors portfolio, a 144-unit in east Broward County of the neighborhood that include Coral Ridge, Fort Lauderdale, Wilton Manors and Victoria Park. The units average 648 square feet with almost 50% 2 or 3 bedrooms. The units are 96.5% occupied. The portfolio offers significant upside by first resetting rents to current market rent levels and second by implementing an in-unit renovation program. Such strategy can grow rents by almost $200 above current levels.
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East Ft. Lauderdale & Wilton Manors Portfolio (11 properties, 144 units)
899 NE 15th Street
4 Units
899 NE 15th Street
Fort Lauderdale, FL
Posted: 10/3/2019
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present Middle River Properties, 11-units located at 899 & 1041-1045 NE 15th street just north of downtown Ft Lauderdale. The property has shown strong historical occupancies with below market rents. There is significant rental upside by either increasing the rents on the units – 5 out of 11 units are on month-to-month leases with low rents – or by implementing a value-add program and improving the property while pushing rents even further. Renovated multifamily properties in the immediate area are renting upwards of $1,400 for a one bedroom unit. The three buildings were built in 1966 & 1986. The property in total has 19 parking spaces. The units average 649 square feet with 10 one-bedrooms and 1 two-bedroom. The properties are only minutes from Downtown Ft Lauderdale, Flagler Village, Galleria Mall and the beaches.
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Middle River (2 properties, 11 units)
899 NE 15th Street
4 Units
899 NE 15th Street
Fort Lauderdale, FL
Posted: 1/27/2020
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present the opportunity to acquire and develop 8995 Collins (the “Site”): a 0.83-acre residential or hotel development project located directly along the sand in the prestigious Surfside submarket. 8995 Collins will be delivered with full site plan approval, offering developers a chance to construct a 12-story, 55-unit ultra-luxury condominium and hotel, located directly along the sand in the heart of the affluent Surfside Corridor – surrounded by Bal Harbour and North Beach.
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8995 Collins Avenue
   
8995 Collins Ave
Surfside, FL  33154
Posted: 10/15/2019

11 Properties | 144 Units | In the Epicenter of East Broward County

The 11 properties are offered as a portfolio or individually

    Cushman & Wakefield, as exclusive marketing advisor, is pleased to present East Fort Lauderdale & Wilton Manors portfolio, a 144-unit in east Broward County of the neighborhood that include Coral Ridge, Fort Lauderdale, Wilton Manors and Victoria Park. The units average 648 square feet with almost 50% 2 or 3 bedrooms. The units are 96.5% occupied. The portfolio offers significant upside by first resetting rents to current market rent levels and second by implementing an in-unit renovation program. Such strategy can grow rents by almost $200 above current levels.
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East Ft. Lauderdale & Wilton Manors Portfolio (11 properties, 144 units)
999 NE 23rd Avenue
12 Units
999 NE 23rd Avenue
Wilton Manors, FL
Posted: 10/3/2019
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present 999 NE 23rd Drive, a 12-unit property located in the heart of Wilton Manors. The property has shown strong historical occupancies with below market rents. There is significant rental upside by either increasing the rents on the units or by implementing a value-add program and improving the property while pushing rents even further. Renovated multifamily properties in the immediate area are renting upwards of $1,400 for a one bedroom unit. The property was built in 1972 and has its 40 year certification. The property has 17 parking spaces. The units average 614 square feet with 10 one-bedrooms and 2 two-bedrooms. The property is only minutes from Downtown Ft Lauderdale, Flagler Village, Galleria Mall and the beaches.
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999 NE 23rd Avenue
12 Units
999 NE 23rd Avenue
Wilton Manors, FL
Posted: 2/4/2020

11 Properties | 144 Units | In the Epicenter of East Broward County

The 11 properties are offered as a portfolio or individually

    Cushman & Wakefield, as exclusive marketing advisor, is pleased to present East Fort Lauderdale & Wilton Manors portfolio, a 144-unit in east Broward County of the neighborhood that include Coral Ridge, Fort Lauderdale, Wilton Manors and Victoria Park. The units average 648 square feet with almost 50% 2 or 3 bedrooms. The units are 96.5% occupied. The portfolio offers significant upside by first resetting rents to current market rent levels and second by implementing an in-unit renovation program. Such strategy can grow rents by almost $200 above current levels.
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East Ft. Lauderdale & Wilton Manors Portfolio (11 properties, 144 units)
Ivy at Wilton Manors
18 Units
2640 NE 8 Avenue
Wilton Manors, FL
Posted: 10/3/2019

11 Properties | 144 Units | In the Epicenter of East Broward County

The 11 properties are offered as a portfolio or individually

    Cushman & Wakefield, as exclusive marketing advisor, is pleased to present East Fort Lauderdale & Wilton Manors portfolio, a 144-unit in east Broward County of the neighborhood that include Coral Ridge, Fort Lauderdale, Wilton Manors and Victoria Park. The units average 648 square feet with almost 50% 2 or 3 bedrooms. The units are 96.5% occupied. The portfolio offers significant upside by first resetting rents to current market rent levels and second by implementing an in-unit renovation program. Such strategy can grow rents by almost $200 above current levels.
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East Ft. Lauderdale & Wilton Manors Portfolio (11 properties, 144 units)
La Siesta
16 Units
1409-1413 N Dixie Highway
Fort Lauderdale, FL
Posted: 10/3/2019
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present La Siesta, a 16-unit property located at 1409-1413 N Dixie Hwy just north of downtown Ft Lauderdale. The property has shown strong historical occupancies with below market rents. There is significant rental upside by either increasing the rents on the units 4 out of 16 units are on month-to-month leases with low rents or by implementing a value-add program and improving the property while pushing rents even further. Renovated multifamily properties in the immediate area are renting upwards of $1,400 for a one bedroom unit. The property was built in 1972 and has its 40 year certification. The property includes a swimming pool and 20 parking spaces. The units average 592 square feet all one bedrooms. The property is only minutes from Downtown Ft Lauderdale, Flagler Village, Galleria Mall and the beaches. Across the street to the south, units in The Park at Middle River Terrace are selling at over $500,000 per unit.
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La Siesta
16 Units
1409-1413 N Dixie Highway
Fort Lauderdale, FL
Posted: 1/22/2020

Cushman & Wakefield as exclusive marketing advisor, is pleased to present the opportunity to acquire Olive Glen 154 out of 276 units in Pompano Beach. Built in 1979, the property is situated on +/- 20 acres just west of I-95 and walking distance to the Pompano Beach Tri-Rail Station.

The 154-units include 5 studios; 90 one bedrooms and 59 two bedroom units. Of the 154 units 104 are located in two story garden units and 50 are located in one-story, villa fourplexes. The units are 100% occupied with almost $1.9 million in current effective income. The units offer significant upside potential. The average in place rent is $984 per unit. Improved surrounding communities such as Pompano Palms and Windsor Forest are achieving rents of $200-$300 higher per month. The Condo Association has over $450,000 in reserves. The owner of the 154-units has 2 out of the 3 Condo Association board seats that can be transferred to a new owner.

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Olive Glen
154 Units
3102 NW 3rd Avenue
Pompano Beach, FL  33064
Posted: 8/2/2019

Cushman & Wakefield, as exclusive marketing advisor, is pleased to present the Port Royale Apartments, a 553-unit apartment community located along the Intracoastal Waterway in Fort Lauderdale, Florida. This exclusive waterfront investment opportunity spans approximately 22 acres and features a midrise building with 161-units nestled along 380 feet of water frontage along with 392 garden style units graciously spread across 16 acres. The Port Royale Apartments were developed between 1988-1990 and today are part of an HOA which also includes 230 private condominiums in a single 20-story tower, 555 luxury rental units developed in 2017 and a 64-slip private marina. The 22 acre site is entitled for a total of 845 units, thus there remains the opportunity to develop an additional 292 units. To date, roughly 80% of the Property’s units have been renovated achieving average rent increases of $220. Port Royale represents a very unique investment opportunity in which a buyer can implement several complementary investment strategies to achieve outsized returns.

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Under LOI
Port Royale
553 Units
3101 Port Royale Boulevard
Fort Lauderdale, FL  33308
Posted: 1/21/2020
Cushman & Wakefield, as exclusive marketing advisor, is pleased to offer for sale Princeton 248 a 190-unit fully approved development site in Princeton, a growing submarket in the South Dade area of Miami. The development site sits on 5.6 acres or 243,789 square feet. The site is fully entitled totaling 190 units and is divided into two phases. Phase 1 will have 62 Units (Four 2-story garden-style buildings and nine townhouses) while Phase 2 will have 128 units (within two 5 and 3-story buildings). The site is located near the Bus Rapid Transits System. The $243 million system will create the county’s first “rapid-transit” bus system, using dedicated lanes with stations and vehicles designed to mimic the convenience of rail service. The 20-mile system connecting the Dadeland South Metrorail station to Florida City will have a bus stop located at SW 248 Street and Dixie Highway. The Bus Rapid Transit (BRT) system could be functional by 2022. Click here for more details.

Click here to view more information on project plans.

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Princeton 248
5.6 Acres
NW Corner of SW 248 St & SW 128 Street
Princeton, FL  33032
Type: Land
Posted: 9/10/2019

11 Properties | 144 Units | In the Epicenter of East Broward County

The 11 properties are offered as a portfolio or individually

    Cushman & Wakefield, as exclusive marketing advisor, is pleased to present East Fort Lauderdale & Wilton Manors portfolio, a 144-unit in east Broward County of the neighborhood that include Coral Ridge, Fort Lauderdale, Wilton Manors and Victoria Park. The units average 648 square feet with almost 50% 2 or 3 bedrooms. The units are 96.5% occupied. The portfolio offers significant upside by first resetting rents to current market rent levels and second by implementing an in-unit renovation program. Such strategy can grow rents by almost $200 above current levels.
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East Ft. Lauderdale & Wilton Manors Portfolio (11 properties, 144 units)
River Bend
16 Units
247 Nugent Ave
Fort Lauderdale, FL
Posted: 10/3/2019

11 Properties | 144 Units | In the Epicenter of East Broward County

The 11 properties are offered as a portfolio or individually

    Cushman & Wakefield, as exclusive marketing advisor, is pleased to present East Fort Lauderdale & Wilton Manors portfolio, a 144-unit in east Broward County of the neighborhood that include Coral Ridge, Fort Lauderdale, Wilton Manors and Victoria Park. The units average 648 square feet with almost 50% 2 or 3 bedrooms. The units are 96.5% occupied. The portfolio offers significant upside by first resetting rents to current market rent levels and second by implementing an in-unit renovation program. Such strategy can grow rents by almost $200 above current levels.
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East Ft. Lauderdale & Wilton Manors Portfolio (11 properties, 144 units)
Rosalene
10 Units
615 NE 26th Street
Wilton Manors, FL
Posted: 10/3/2019
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present The Whittier, a 19-unit unique waterfront opportunity located at 4035 North Meridian Avenue in Miami Beach. The units average 721 square feet and are currently 100% occupied. The property is owned by an investor out of the country and managed with a third party company. A new owner has the ability to improve the operational performance at the property with more “hands on” management. Comparable properties are renting for $150 per unit higher than in-place rents.
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The Whittier
19 Units
4035 North Meridian Avenue
Miami Beach, FL  33140
Posted: 10/1/2019

11 Properties | 144 Units | In the Epicenter of East Broward County

The 11 properties are offered as a portfolio or individually

    Cushman & Wakefield, as exclusive marketing advisor, is pleased to present East Fort Lauderdale & Wilton Manors portfolio, a 144-unit in east Broward County of the neighborhood that include Coral Ridge, Fort Lauderdale, Wilton Manors and Victoria Park. The units average 648 square feet with almost 50% 2 or 3 bedrooms. The units are 96.5% occupied. The portfolio offers significant upside by first resetting rents to current market rent levels and second by implementing an in-unit renovation program. Such strategy can grow rents by almost $200 above current levels.
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East Ft. Lauderdale & Wilton Manors Portfolio (11 properties, 144 units)
Villa Teresa
38 Units
601-607 NE 29th Drive
Wilton Manors, FL  33334
Type: Conventional
Posted: 10/3/2019
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present Villa Teresa, a 38-unit property located at 601-607 NE 29th Drive in Wilton Manors. The property has shown strong historical occupancies with below market rents. There is significant rental upside by increasing the rents on the units 13 out of 38 units are on month-to-month leases with low rents with rent comps strongly supporting rent growth of $170+ per month. Renovated multifamily properties in the immediate area are renting upwards of $1,400 for a one bedroom unit. The property was built in 1973 and has its 40 year certification. The property is waterfront and includes 73 parking spaces. The units average 660 square feet with 12 one-bedrooms and 26 two-bedrooms. The property is only minutes from Downtown Ft Lauderdale, Flagler Village, Galleria Mall and the beaches.
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Villa Teresa
38 Units
601-607 NE 29th Drive
Wilton Manors, FL  33334
Type: Conventional
Posted: 1/31/2020

Cushman & Wakefield, as exclusive advisor, is pleased to present the LN Development Tallahassee Value-Add Portfolio, a 426-unit multifamily opportunity of three properties strategically located throughout Tallahassee, Florida.

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Under Contract
Tallahassee Value-Add Portfolio (3 properties, 426 units)
Planter's Crossing
104 Units
1447 Stone Rd.
Tallahassee, FL  32303
Posted: 1/21/2020
Property is Located in a Designated Opportunity Zone With Tax Benefits

Cushman & Wakefield, as exclusive advisor, is pleased to present Southern Oaks Apartments, a 330-unit value-add multifamily community in Orlando, Florida. Completed in 1973, the property sits on over 18 acres, providing a density setting of only 17.85 units per acre. The property is located within a Designated Opportunity Zone, providing tax benefits.

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Southern Oaks
330 Units
5900 Park Hamilton Boulevard
Orlando, FL  32808
Type: Conventional
Posted: 12/9/2019