Investment Opportunity, a meticulously updated duplex two 1-bed 1-bath units. Each unit has spacious living areas, modern kitchens, including new roof, appliances, electrical system, plumbing, flooring, impact windows and doors, and new AC units. Both units are currently rented, generating solid income with tenants covering water and electricity expenses. Currently a 5% CAP rate, with potential for increased return. Situated on a generous 6,502 sq. ft. lot with RC15 zoning, there’s ample room for future growth, adding a pool or a third unit. Located near shops, dining, and public transportation. It offers both front and gated parking. Ideal for investors, short term rental or owner-occupants seeking rental income with future growth potential. Don’t miss out on this opportunity!
Property Details
Price:
$658,000
MLS #:
A11642846
Status:
Active
Beds:
0
Baths:
0
Address:
1116-1118 NE 15th Ave
Type:
Multi Family
Subtype:
Duplex
Subdivision:
PROGRESSO
Neighborhood:
Progresso
City:
Fort Lauderdale
Listed Date:
Aug 16, 2024
State:
FL
Finished Sq Ft:
1,120
Total Sq Ft:
1,120
ZIP:
33304
Year Built:
1952
Units:
2
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Flooring
Tile
Heating
None
Exterior
Architectural Style
Attached
Exterior Features
Room For Pool
Parking Spots
4
Roof
Shingle
Financial
Tax Year
2023
Taxes
$7,283
Map
Community
- Address1116-1118 NE 15th Ave Fort Lauderdale FL
- SubdivisionPROGRESSO
- CityFort Lauderdale
- CountyBroward County
- Zip Code33304
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Courtesy of Compass Florida, LLC.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than Century 21 Carioti include the name of the listing broker. Neither the listing company nor Century 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Miami, FL. All rights reserved.
1116-1118 NE 15th Ave
Fort Lauderdale, FL
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