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1790 SE 23rd Ave & 2323 SE 18th StFort Lauderdale, FL 33316
Harbour Beach Residences
Asset ClassMultifamily
Deal Size$7.95 M
# Buildings: 2# Units: 25Occupancy: 100%Access Data Room
overview of deal

Overview

Harbour Beach Residences offers a rare opportunity to acquire a 16,833 SF, 25-unit multifamily asset in one of Fort Lauderdale’s most coveted coastal neighborhoods. Built in 1963 and set within RS-8 low-density residential zoning, the property combines classic South Florida charm with strong investment fundamentals. Its two-parcel layout, lush landscaping, and quiet residential surroundings create an attractive, boutique-style environment ideal for long-term value and resident appeal.

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Investment Highlights

  • Rare Opportunity to Acquire Fully Renovated Multifamily Asset in the Prestigious Harbour Inlet Neighborhood of Fort Lauderdale
  • Property Operates as Both Traditional Rentals & Short-Term Rentals, with Professional 3rd Party Management, Fully Licensed to Do Both
  • Attractive Unit Mix – (1) Studio (Non-Conforming), (18) 1 Bed 1 Bath, (4) 1 Bed 2 Bath & (2) Large 2 Bed 2 Bath – 7 Units Operate Short Term
  • Recent Capital Improvements Include New Roofs on Both Buildings, New Impact Windows, Parking Resurface, AC Replacements, New Exterior Paint, New AC Units & Electrical Panel Replacements. 50 Year Recertification has Been Completed
  • Interior Improvements Include New Luxury Vinyl & Tile Flooring, New Stainless-Steel Appliances, Modernized Kitchens & Bathrooms with Premium Cabinetry, Countertops, & Vanities
  • Amenities Include In-Unit Washer/Dryers & Common Laundry, Full Sized Pool, Central Air-Conditioning Throughout, Ample Parking for Residents and Guests, Direct Beachfront Access
  • Highly Reviewed Airbnb Property with Numerous Amenities Such as Fully Equipped Kitchens & Baths, High-End Furniture, Large Private Balconies, Free Xfinity and Streaming Services, Access to Beach Essentials, and More
  • Property is Surrounded by Major Class A Development (Residential, Hotel and Retail)
  • Lucrative Harbour Inlet Location, Walking Distance to Fort Lauderdale Beach and Close Proximity to Downton featuring World Class Restaurants, Retailers, Nightlife, Recreation, And More
  • Located Just South of SE 17th St Providing Easy Access to Anywhere Along the Fort Lauderdale Beaches and Downtown Fort Lauderdale and Abroad Via US-1 To I-95 And Florida's Turnpike
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1790 SE 23rd Ave & 2323 SE 18th StFort Lauderdale, FL 33316

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