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1116-1118 NE 15th Av Fort Lauderdale, FL 33304
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Key Details
Sold Price $603,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,120 sqft
Price per Sqft $538
Subdivision Progresso
MLS Listing ID A11681803
Sold Date 12/18/24
Construction Status Resale
HOA Y/N No
Year Built 1952
Annual Tax Amount $7,283
Tax Year 2024
Contingent 3rd Party Approval
Property Description
Motivated Seller, accepting offers! , a meticulously updated duplex two 1bed 1bath 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
Location
State FL
County Broward
Community Progresso
Area 3380
Interior
Heating None
Cooling Wall/Window Unit(s)
Flooring Tile
Window Features Impact Glass
Exterior
Exterior Feature Room For Pool
Pool None
Utilities Available Cable Not Available
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 494234043470
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Listed As-Is
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Bought with MAR NON MLS MEMBER
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "