$1,249,000

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1121 Ne 2Nd St Fort Lauderdale, FL, United States 33301

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.

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Amenities

  • Bedrooms: 2
  • Full Bathrooms: 4
  • Partial Bathrooms: 0
  • Property Type: Income
  • Architectural Style: Fourplex
  • Home size: 2,085 ft2 / 193.70 m2
  • MLS: A11858941
  • Status: Active

Property brokered by

The Keyes Company

(954) 893-1367

Presented by Sandra Panesso

  • (561) 929-3722

Contact Sandra Panesso

Contact Agent

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