741 NW 2nd Ave, Fort Lauderdale, FL 33311
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by:dodley emmanuel
Office:the keyes company
MLS#:F10519705
Source:RMLS
Price summary
- Price:$990,000
- Price per sq. ft.:$304.05
About this home
Rare chance to own both sides of a modern 2017-built, fee-simple twinhome in booming Progresso Village, Fort Lauderdale. Each unit offers 3 bedrooms/2 bathrooms, high ceilings and a 1-car garage. Strong rental comps support a 5.5%+ cap rate, w/ insurance under $2,200/year and property sits on high elevation. Low vacanies in the area. In a Opportunity Zone to help minimize future potential capital gains. Nearby $700M+ development- FAT VILLAGE, 20 approved plans underway. Separate folio & expenses and can be sold individually at $495K. High rental demand, proven value, and long-term upside make this a solid, cash-flowing asset in one of Fort Lauderdale’s fastest-growing areas. Previous Buyer’s DSCR loan fell through — bank appraisal came in at value with recent rental comps at $3,200/month.
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Home facts
- Year built:2017
- Listing Id #:F10519705
- Added:2 day(s) ago
- Updated:August 13, 2025 at 02:57 PM
Rooms and interior
- Living area:2,934 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air
- Heating:Central
Structure and exterior
- Roof:Composition, Shingle
- Year built:2017
- Building area:2,934 sq. ft.
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$990,000
- Price per sq. ft.:$304.05
- Tax amount:$7,194 (2024)
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