July 7, 2023 – Travis Jones of Horvath & Tremblay has arranged the sale of a five (5) unit multi-family property in Fort Lauderdale, Florida. Horvath & Tremblay represented the seller and procured the buyer to complete the transaction at a sale price of $625,000.
The multi-family property is located at 2990 SW 19th Terrace in Fort Lauderdale, Florida. The Property contains five (5) 1-Bedroom/1-Bathroom units with 2,810 square feet living area on 0.19 acres of land. The Property includes off-street parking and has been well-maintained by the current ownership. 2990 SW 19th Terrace features exterior, covered, direct entry units and includes off-street parking for residents. 2990 SW 19th Terrace is situated in an excellent location in the Edgewood neighborhood of Fort Lauderdale and Miami, with immediate access to an appealing array of retail, restaurants, bars, and service amenities. The Property is conveniently located near public transportation options and major roads and is in close proximity to major attractions and points of interest in the area including Downtown Fort Lauderdale, the Hollywood/Fort Lauderdale International Airport, Port Everglades, the Seminole Hard Rock Hotel, and the World-Famous Fort Lauderdale Beach.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the country. Their advisors specialize in the sale of apartment buildings, mixed-use properties, and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.