| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 70th | Good |
| Demographics | 85th | Best |
| Amenities | 80th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1201 E Sunrise Blvd, Fort Lauderdale, FL, 33304, US |
| Region / Metro | Fort Lauderdale |
| Year of Construction | 2009 |
| Units | 58 |
| Transaction Date | 2006-10-18 |
| Transaction Price | $1,400,000 |
| Buyer | BELL FUND VII SUNRISE LLC |
| Seller | GS SATORI LLLP |
1201 E Sunrise Blvd Fort Lauderdale 58-Unit Multifamily
Newer 2009 vintage in an amenity-rich inner suburb supports durable renter demand, according to WDSuite’s CRE market data.
This Inner Suburb location benefits from strong daily-needs access and lifestyle amenities. Grocery, dining, and cafe density rank in the upper tier nationally, positioning the asset competitively for convenience-driven renters and supporting lease retention. Based on commercial real estate analysis from WDSuite, neighborhood livability scores place this area among the stronger performers in the Fort Lauderdale-Pompano Beach-Sunrise metro.
Construction across the neighborhood skews older than this property, with the average build year earlier than 2009. That newer vintage can enhance competitive positioning versus legacy stock, though investors should still plan for mid-life system updates and selective modernization to sustain rent premiums over time.
Renter-occupied share is above the metro median (top quartile among 345 metro neighborhoods), indicating a deep tenant base for multifamily operators. Neighborhood occupancy is below national benchmarks but has trended up over the last five years, suggesting gradually improving stability as demand normalizes.
Within a 3-mile radius, the population and household counts have grown and are projected to expand further through 2028, with household sizes trending smaller. This points to a larger tenant base and steady absorption potential for well-managed units, reinforcing demand for professionally operated multifamily properties.
Ownership costs in the surrounding area sit in the upper quartile nationally, while rent-to-income levels are below the national median. For investors, this combination typically supports pricing power and renewal retention, as a high-cost ownership market tends to sustain reliance on rental housing, and rents remain manageable relative to incomes.
Relative to other Fort Lauderdale-Pompano Beach-Sunrise neighborhoods (345 total), this area tracks below the metro average for safety and sits in lower national percentiles. Property offenses are elevated compared with many U.S. neighborhoods, and both property and violent offense rates increased year over year. Investors should underwrite active security, lighting, and access-control measures and factor in operating protocols that support resident comfort and asset protection.
While safety metrics currently trail national norms, changes over time can vary by block and operator practices. Monitoring local trends and coordinating with property management to maintain visible on-site measures can help support leasing and retention.
The area draws on a diversified white-collar employment base that supports weekday traffic and renter demand, led by nearby headquarters and regional offices for AutoNation, Tenet Healthcare, Office Depot, Johnson & Johnson, and Mosaic.
- AutoNation — automotive retail HQ and corporate offices (1.5 miles) — HQ
- Tenet Healthcare Corporation, Florida Region — healthcare administration (14.7 miles)
- Office Depot — office supplies corporate (18.4 miles) — HQ
- Johnson & Johnson — healthcare products offices (19.2 miles)
- Mosaic — agriculture & chemicals offices (22.5 miles)
This 58-unit, 2009-built asset in Fort Lauderdale offers exposure to a high-amenity Inner Suburb where renter concentration is above the metro median and neighborhood occupancy has been improving. Elevated ownership costs in the surrounding area reinforce reliance on rental housing, while rent-to-income levels sit below national medians—factors that can support pricing power without overextending residents. According to CRE market data from WDSuite, the surrounding neighborhood rates among the stronger performers in the metro on demographics and amenities, which aligns with durable renter demand.
Within a 3-mile radius, population and household counts have grown and are projected to rise further through 2028, with smaller household sizes pointing to a broader renter pool and steady absorption potential. The 2009 vintage should remain competitive versus older local stock, though investors should plan for mid-life system updates and targeted repositioning to preserve performance. Underwriting should also account for below-average safety metrics in the area and neighborhood-level occupancy variability.
- Amenity-rich Inner Suburb with strong daily-needs access supports leasing and renewals.
- Above-median renter concentration provides depth of tenant demand for multifamily operators.
- 2009 construction offers a competitive edge versus older neighborhood stock, with manageable mid-life capex planning.
- Elevated ownership costs and manageable rent-to-income levels support pricing power and retention.
- Risks: below-average safety metrics and softer neighborhood occupancy require active management and conservative underwriting.