1225 NW 2nd ST, Fort Lauderdale, FL 33311
1225 NW 2nd ST, Fort Lauderdale, FL 33311
1225 NW 2nd ST, Fort Lauderdale, FL 33311
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Kathleen Comerford

Kathleen Comerford

+1(561) 419-5525
$985,000
Est. payment /mo
2,183 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,183 sqft

Price per Sqft $451

Subdivision Seminole Forest

MLS Listing ID A11983486

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 2183

Year Built 1960

Annual Tax Amount $11,015

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

Turnkey 4-unit multifamily offering immediate cash flow at a 6% cap rate, currently generating $83,100 in annual revenue, featuring 2 two-bedroom units and 2 one-bedroom units, with 3 of 4 units fully renovated. Property includes new stainless steel appliances, separate water and electric meters, new water heaters, a new flat roof (2025), assigned parking for each unit, and leases in place with security deposits, all with no open permits and professionally managed. Ideal for a 1031 exchange buyer seeking a clean, stabilized asset with additional upside through renovation of the 4th unit, potential to add on-site laundry, and future rent increases in a desirable and growing area. Water, sewer & trash is $210/mo for all units. Minutes from the I-95, Walmart and other commercial shops along W Broward Dr.Showings subject to accepted offer. Please do not disturb tenants.

Location

State FL

County Broward

Area 3460

Zoning RMM-25

Interior

Interior Features InteriorFeatures

Heating None, Separate Meters

Cooling Wall/Window Unit(s)

Flooring Other

Fireplace No

Exterior

Utilities Available Cable Available

Waterfront Description None

Roof Type Other

Total Parking Spaces 4

Private Pool No

Building

Dwelling Type Multi Family

Story 1

Sewer Public Sewer

Structure Type Block

New Construction No

Construction Status Resale

Schools

Elementary Schools North Fork

Middle Schools Parkway

High Schools Stranahan

Others

Tax ID 504204200360

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11983486

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BeachesMLS, Inc. (FLR) IDX
Listed by Dan Avital Compass Florida, LLC

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1225 NW 2nd ST

Kathleen Comerford
Kathleen Comerford

Team Leader | Broker Associate | License ID: BK3455404

+1(561) 419-5525 | team@thecomerfordgroupfl.com

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