1500 NW 2nd AVE, Fort Lauderdale, FL 33311
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1500 NW 2nd AVE, Fort Lauderdale, FL 33311
1500 NW 2nd AVE, Fort Lauderdale, FL 33311
1500 NW 2nd AVE, Fort Lauderdale, FL 33311
1500 NW 2nd AVE, Fort Lauderdale, FL 33311
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Maryconne Belarmino

Maryconne Belarmino

$ 525,000
Est. payment /mo
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Pending

1500 NW 2nd AVE Fort Lauderdale, FL 33311

744 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 744 sqft

Price per Sqft $705

Subdivision Progresso 2-18 D

MLS Listing ID F10541961

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

Virtual Tour https://www.propertypanorama.com/1500-NW-2nd-Ave-Fort-Lauderdale-FL-33311/unbranded

BeachesMLS, Inc. (FLR) IDX
Listed by Daniel Ferreira Charles Rutenberg Realty Orlan
Maryconne Belarmino

Maryconne Belarmino

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1500 NW 2nd AVE