Corner-lot 4plex with 2 separate and detached duplexes on one lot in Victoria Park—just 3 blocks from Las Olas Blvd, This income-producing property on a 6,300 sq ft lot. Located minutes from Fort Lauderdale Beach and FLL Airport, in one of the city’s most walkable and desirable neighborhoods. Surrounded by top dining, shops, and entertainment- making it an ideal location for both long-term and short-term tenants, current gross annual revenue $120,000 and a solid 7% CAP rate with annual leases, it delivers both reliable cash flow and strong long-term appreciation in a thriving urban market. VP offers high tenant demand and low vacancy rates. Development opportunity, Zone RML-25 Residential Multifamily Low Rise/Medium High Density district.
For sale
$1,249,000
1121 NE 2nd St, Fort Lauderdale, FL 33301
2beds
4baths
2,085sqft
Est.:
Quadruplex
Built in 1959
-- sqft lot
$668,100 Zestimate®
$599/sqft
$-- HOA
What's special
Separate and detached duplexes
- 1 day |
- 60 |
- 2 |
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