1023 NW 2nd Ave Fort Lauderdale, FL $ 640,000
1023 NW 2nd Ave
$ 640,000
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1023 NW 2nd Ave

Fort Lauderdale, FL, 33311
$ 640,000
Bedrooms3 Baths0.0 Sq 1,285

Monthly Estimate*

$ 4,254

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Multi-Family Home for sale in Fort Lauderdale, FL

for $640,000 with 3 bedrooms. This 1,285 square foot home was built in 1948.

Freshly updated duplex in Southeast Florida, a smart pick for investors seeking earning potential. Ideal for investment or as a live-in option with the bonus of income from an additional unit, this property features a 2 bedroom, 1 bath unit alongside a cozy studio. Recent upgrades include a new shingle roof, windows, and appliances, all within an opportunity zone. Positioned on an large sized lot zoned for multiple units or townhouses, it opens the door to further development opportunities, including the addition of an Accessory Dwelling Unit (ADU) per local codes, which can increase revenue. A fantastic choice for both novice and experienced investors, this property is set to generate immediate income and offers great growth potential. Where convenience meets investment opportunity!

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Multi-Family Active

Price

$ 640,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 6,477

Style

Duplex

Year Built

1948

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

F10436590

Features
General
Water Description Municipal Water
Rent Includes None
Water Access Type None
Pool Y/N 0
Style Duplex
Property Type Residential Income
Area 3390
Subdivision Name Progresso 2-18 D
Section 34
Approximate Lot Size 13493
Short Sale 0
Year Built 1948
Gated Community 0
Type of Property Duplex
Waterfront Property 0
Type of Association None
REO 0
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Exterior
Lot Description Less Than 1/4 Acre Lot
Exterior Features Extra Building/Shed Fence Fruit Trees Laundry Facility Patio Room For Pool
Parking Spaces 7
Construction Type Concrete Block Construction
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Interior
Heating Description Window/Wall
Total Units 2
Flooring Ceramic Floor Terrazzo Floors
Cooling Description Wall/Window Unit Cooling
Cable 1
Stories 1.0000
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* Excluded Features
List By
Century 21 Tenace Realty Inc

Broker

Bobbytfla@gmail.com

Email

Affordability Calculator

$4,793
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,254
Monthly Property Taxes
$540
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
295894 Elementary School
296011 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/17/2024$640,000 Listed Price

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1023 NW 2nd Ave, Fort Lauderdale, FL, 33311 is a Multi-Family Home for sale at $640,000 with 1,285 sqft. 1023 NW 2nd Ave has 3 bedrooms, 0.0 baths, and was built in 1948. The property's zip code is 33311 which is in Fort Lauderdale, FL