Great opportunity to get 9.4% CAP (13.8% levered) year one on a 100% upgraded property, rnA newly remodeled five plex (completion July 2022), with 5 1/1 Units adding 2,848 SF of rentable space, in a 6,752 SF lot located by Holiday Park, one of the city’s most popular public parks, with over 90 acres of land, a couple of blocks from the Bell Sunrise Gallery apartments, near Galleria Mall, Downtown Fort Lauderdale, and the beaches, ideal and zoned for Airbnb, and right next to the War Memorial Auditorium.rnWith an expected short-term rental yearly income of $230K+ (see AirDNA supported data here) and an NOI of $143K+, it would provide a ~9%+ CoC rate, a levered ~14% CAP rate, and an expected 26% IRR over seven years