Gridline Properties is proud to exclusively present Progresso Village Apartments, a well-maintained 11-unit multifamily asset located at 633 NW 15th Avenue, Fort Lauderdale, FL. This is an exceptional opportunity for investors to acquire a stabilized multifamily property generating a steady income stream of $14,000 per month.
This multifamily investment offers stability, upside potential, and strong long-term growth prospects in one of Fort Lauderdale’s most dynamic and evolving neighborhoods.
The combination of recent renovations, upgraded systems, and the property’s prime location makes it a low-maintenance, high-yield asset for any investor looking to capitalize on the ongoing transformation of Fort Lauderdale.
633 NW 15th Ave, Fort Lauderdale, FL, 33311
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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