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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Monica Cataluña, CCIM, ALC

Monica Cataluña, CCIM, ALC

+1(954) 812-1831
$985,000
Est. payment /mo
2,183 SqFt

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

Style Fourplex

HOA Y/N No

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

Community Seminole Forest

Area 3020

Interior

Heating None

Cooling Wall/Window Unit(s)

Flooring Other

Exterior

Pool None

Utilities Available Cable Available

Roof Type Other

Total Parking Spaces 4

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

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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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Pink Miami Real Estate

Nearby Locations

Monica Cataluña, CCIM, ALC

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL, 33331

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1225 NW 2nd St