1225 NW 2nd St, Fort Lauderdale, FL 33311
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
1225 NW 2nd St,Fort Lauderdale, FL 33311
$1,050,000
- - Beds
- - Baths
- 2,183 sq. ft.
- Multi-family
- Active
Listed by: dan avital
Office: pink miami real estate
MLS#:A11983486
Source:SEFMLS
Price summary
- Price:$1,050,000
- Price per sq. ft.:$480.99
About this home
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, hurricane shutters, 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.
See attached for
Minutes from the I-95, Walmart and other commercial shops along W Broward Dr.
Showings subject to accepted offer. Please do not disturb tenants.
Contact an agent
Home facts
- Year built:1960
- Listing ID #:A11983486
- Updated:March 31, 2026 at 08:58 PM
Rooms and interior
- Living area:2,183 sq. ft.
Heating and cooling
- Cooling:Wall/Window Units
Structure and exterior
- Year built:1960
- Building area:2,183 sq. ft.
- Architectural Style:Fourplex
- Construction Materials:Block
- Levels:1 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,050,000
- Price per sq. ft.:$480.99
- Tax amount:$11,015 (2025)
Parking
- Total parking spaces:4
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