921-925 NE 17th Ave — Sale in Fort Lauderdale, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Fort Lauderdale, FL 33304

Photos

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Investment Figures

Cap rate
4.89%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present 921–925 Northeast 17th Avenue, a (10)-unit apartment community located in Fort Lauderdale, Florida. SUBJECT PROPERTY 921–925 Northeast 17th Avenue was constructed in 1959 and comprises (2) single-story concrete block buildings with painted stucco exteriors and shingle roofs. The property offers 5,276 square feet of total building area and sits on a 13,500-square-foot lot (0.31 acres), according to the Broward County Property Appraiser. The unit mix includes (8) one-bedroom/one-bathroom units, (1) two-bedroom/one-bathroom unit, and (1) two-bedroom/two-bathroom unit. The property features on-site laundry facilities, wall air conditioning units, paved asphalt parking, and tropical courtyard. LOCATION 921–925 Northeast 17th Avenue is located in Fort Lauderdale, Florida, offering residents convenient access to Sunrise Boulevard, Federal Highway (US-1), and State Road A1A. The surrounding 1-mile area reports an average household income of $126,145 and population growth of 8.66% since 2010. Residents are within walking distance to Gateway Shopping Center, The Galleria, Bank of America, and nearby dining options, with a short drive to Fort Lauderdale Beach, Downtown Fort Lauderdale, Flagler Village, and Holiday Park. Surrounding area retailers and points of interest include Holiday Park (0.3 miles), Truist Bank (0.3 miles), Il Mulino Restaurant (0.4 miles), Gateway Shopping Center (0.4 miles), Bank of America (0.4 miles), Talkin’ Tacos (0.4 miles), Walgreens Pharmacy (0.5 miles), Publix SuperMarket at Sunrise Boulevard (0.5 miles), Baptist Health IcePlex (0.9 miles) and The Galleria at Fort Lauderdale (1.1 miles). Additionally, just a short drive from the property are Home Depot (1.3 miles), The Fresh Market (1.3 miles), Aldi (1.5 miles), Downtown Fort Lauderdale/Las Olas Boulevard (1.5 miles), Broward County Convention Center (4.3 miles), Port Everglades (5.9 miles), and Fort Lauderdale-Hollywood International Airport (6.0 miles). N

Market Context

This multifamily in Fort Lauderdale, FL is listed for sale. It is offered at an approximate 4.9% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Fort Lauderdale, FL — view the full market.

As of Q4 2025, the Fort Lauderdale multifamily market showed a 5.1% vacancy rate, and average asking rents near $2414.00/unit/mo. Source: multiple brokerage reports, Q4 2025.

Tight vacancy keeps competition for quality space elevated.

Multifamily market FAQ

Is the Fort Lauderdale multifamily market tightening or softening?
Vacancy is around 5.1% (Q4 2025).

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