$320,000
$525,000
39.0%For more information regarding the value of a property, please contact us for a free consultation.
1500 NW 2nd AVE Fort Lauderdale, FL 33311
744 SqFt
Key Details
Sold Price $320,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 744 sqft
Price per Sqft $430
Subdivision Progresso 2-18 D
MLS Listing ID F10541961
Sold Date 07/13/26
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 744
Year Built 1973
Annual Tax Amount $6,098
Tax Year 2024
Contingent Inspection
Property Sub-Type Duplex
Property Description
Unlock the potential of this well-located Ft. Lauderdale duplex, a true value-add investment in one of South Florida's most desirable rental markets. With a projected cap rate of 6%+, this property offers significant upside for investors looking to maximize returns. Now delivered vacant, this property offers the flexibility to renovate, reposition, and lease at market rates immediately. Recent updates include newer water heaters, updated interior air-handling units, and other improvements that help reduce near-term capital expenses. Property is being sold without outdoor A/C condenser units. Listing agent related to seller.
Location
State FL
County Broward
Area 3390
Zoning RDS-15
Interior
Interior Features InteriorFeatures
Heating Central, Separate Meters
Cooling Central Air, Ceiling Fan(s)
Flooring Tile
Fireplace No
Exterior
Utilities Available Cable Available
Roof Type Composition,Shingle
Private Pool No
Building
Story 1
Sewer Public Sewer
Structure Type Block
New Construction No
Construction Status Resale
Others
Tax ID 494234016640
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
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Bought with Daniel Ferreira Charles Rutenberg Realty Orlan
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