1225 NW 2nd St, Fort Lauderdale FL 33311 | Broward County | A11983486
- $985,000
- Quadruplex
- 2183 Sq Ft
- $985,000
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.
Property Overview
This property is a 2183 square foot unit built in 1960, currently listed at $985,000. The MLS number for this listing is A11983486.
The property is situated at 1225 NW 2nd St, Fort Lauderdale FL 33311 in Broward County. For more details, refer to the MLS# A11983486.
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Address
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Address: 2nd St
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City: Fort Lauderdale
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State/county: Broward County
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Zip/Postal Code: 33311
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Area: SEMINOLE FOREST
Details
Updated on June 29, 2026 at 2:43 am-
Property ID A11983486
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Price $985,000
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Property Size 2183 Sq Ft
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Year Built 1960
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Type Quadruplex
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Property Status Active, Residential Income
Additional details
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Flooring Other
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Cooling Wall/Window Unit(s)
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Association Type None
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Building SEMINOLE FOREST
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Area Seminole Forest
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Annual Tax 11015
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Association No
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront No
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Subdivision SEMINOLE FOREST
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Total Stories 1
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Heating None
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Structure Type Quadruplex, Fourplex
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Tax Year 2025
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Construction Concrete Block Construction
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Building Area 2183
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Year Built Details Resale
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Inclusions None
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Flood Zone AE
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New Construction No
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Style Fourplex
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Lot Size (Sq Ft) 0
Features
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