Fort Lauderdale, FL 33301,1121 NE 2nd St
Fort Lauderdale, FL 33301,1121 NE 2nd St
Fort Lauderdale, FL 33301,1121 NE 2nd St
Fort Lauderdale, FL 33301,1121 NE 2nd St
Fort Lauderdale, FL 33301,1121 NE 2nd St
Fort Lauderdale, FL 33301,1121 NE 2nd St
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$ 1,249,000
Est. payment | /mo

2,085 SqFt


$ 1,249,000
Est. payment | /mo

2,085 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,085 sqft

Price per Sqft $599

Subdivision Stranahans Sub

MLS Listing ID A11858941

Style Fourplex

HOA Y/N No

Year Built 1959

Annual Tax Amount $14,818

Tax Year 2024

Property Sub-Type Quadruplex

Property Description

The best priced multifamily in VP! Corner-lot 4plex with 2 separate and detached duplexes on one lot, just 3 blocks from Las Olas Blvd, beautiful and long-lasting barrel tile roof, updated interiors, private fenced in patios. This income-producing property on a 6,300 sq ft lot. Located minutes from Fort Lauderdale Beach and FLL Airport, in one of the city's most walkable and desirable neighborhoods. Surrounded by top dining, shops, and entertainment- making it an ideal location for both long-term and short-term tenants, current gross annual revenue $120,000 and a solid 7% CAP rate, reliable cash flow and strong long-term appreciation. VP offers high tenant demand and low vacancy rates. Development opportunity, Zone RML-25 Residential Multifamily Low Rise/Medium High Density district.

Location

State FL

County Broward

Community Stranahans Sub

Area 3280

Interior

Heating Wall Furnace

Cooling Electric

Flooring Ceramic Tile

Exterior

Pool None

Utilities Available Cable Not Available

Roof Type Slate

Total Parking Spaces 6

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Others

Tax ID 504202060450

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11858941

Miami Association of Realtors (SEFMIAMI MLS)
Listed by The Keyes Company
Joseph Green

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1121 NE 2nd St