1118-1120 NW 2nd Ave, Fort Lauderdale FL 33311 | Broward County | A11954456
- $640,000
- $640,000
Description
Excellent investment opportunity in an unbeatable location. This duplex is strategically located near US-1, Las Olas Boulevard, and just minutes from the beach. The property features two independent 1-bedroom, 1-bathroom apartments, both currently rented, guaranteeing immediate income. It includes new appliances and a large private yard with great potential for expansion or further development. This is an ideal property for investors seeking profitability and appreciation in one of the most desirable areas.
Property Overview
This is a -bedroom, -bath home of about 1368 square feet at 1118-1120 NW 2nd Ave, Fort Lauderdale FL 33311 (Fort Lauderdale 33311), listed at $640,000.
Monthly Costs, Stated Plainly
This home has no mandatory HOA (single-family / no association on record).
The tax of record is $9,534 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Broward rate near 2.1%: without homestead, about $13,440/yr (≈ $1,120/mo); with the homestead exemption on a primary residence, about $12,390/yr (≈ $1,032/mo). Confirm with the Broward Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The list price for 1118-1120 NW 2nd Ave is $640,000. While the MLS does not specify the furnished status, fixtures and built-in appliances—like lighting, shelving, and the stove—generally convey with the home. Community amenities, if any, would be shared through the HOA and not included with the property itself. To confirm exact details or schedule a walkthrough, contact Christopher Lazaro, Fort Lauderdale Real Estate Advisor, for personalized guidance.
Where exactly is it, and what should I know about the location?
This property at 1118-1120 NW 2nd Ave is situated in Fort Lauderdale 33311, along the city’s coastal corridor—a prime area blending accessibility with proximity to waterways and urban amenities. Its central location offers quick routes to major thoroughfares while maintaining a residential feel. For precise insights on how this location aligns with your needs, contact Christopher Lazaro, Fort Lauderdale Real Estate Advisor, to discuss further.
What are the HOA / association fees, and what do they cover?
This charming single-family home at 1118-1120 NW 2nd Ave has no mandatory HOA—meaning no association fees or restrictive covenants. As the owner, you’d manage all utilities, landscaping, and exterior upkeep independently, though the property remains subject to Fort Lauderdale’s city ordinances. For clarity on local regulations or to explore this $640,000 home further, contact Christopher Lazaro, Fort Lauderdale Real Estate Advisor, for personalized guidance.
What are the property taxes and homestead implications?
The current tax of record for 1118-1120 NW 2nd Ave is $9,534 (2025), but Florida reassesses taxes at sale. As an estimate only — using this $640,000 list price and Broward’s approximate 2.1% rate — annual taxes would be around $13,440 (≈ $1,120/month) without homestead. Florida’s homestead exemption, which reduces taxable value for primary residences only, could lower this to roughly $12,390/yr (≈ $1,032/month). These are estimates, not guarantees — consult the Broward Property Appraiser and a tax specialist for precise figures. For personalized guidance, contact Christopher Lazaro, Fort Lauderdale Real Estate Advisor.
Is the home in a flood zone, and what does that mean?
This home at 1118-1120 NW 2nd Ave is in a FEMA-designated flood zone, which indicates its risk level for flooding. You can View the FEMA flood map for this address to see specifics—lenders often require flood insurance in high-risk zones. Let’s discuss how this impacts your offer and long-term costs. Reach out anytime to Christopher Lazaro, Fort Lauderdale Real Estate Advisor, for precise guidance.
Are pets allowed?
As a single-family home at 1118-1120 NW 2nd Ave, this property has no condo or HOA restrictions—pet allowances are solely determined by the owner, within local ordinances and any active lease terms. Documented service animals and emotional support animals (ESAs) are protected under federal law. To confirm current pet policies or discuss this $640,000 home, contact Christopher Lazaro, Fort Lauderdale Real Estate Advisor, for personalized guidance.
How is the price set and is there room to negotiate?
The $640,000 listing reflects a tailored CMA for this 1,368 sqft Fort Lauderdale property, accounting for recent sales and neighborhood demand. Broward’s broader market context shows single-family homes closing at 96% of original list (MIAMI REALTORS®, May 2026), averaging 35 days to contract — but hyperlocal dynamics can shift that. Let’s review a fresh Fort Lauderdale CMA together to pinpoint your ideal offer strategy. Connect with Christopher Lazaro, Fort Lauderdale Real Estate Advisor, to validate these insights and discuss negotiation opportunities.
What financing step do you recommend before touring?
Before touring 1118-1120 NW 2nd Ave, I strongly recommend securing a pre-approval from a Florida-licensed mortgage originator — it clarifies your budget and strengthens your position when you’re ready to act. Start the process here, then reach out to Christopher Lazaro, Fort Lauderdale Real Estate Advisor, to verify your readiness and discuss tailored next steps for this $640,000 property.
Have a question about this Fort Lauderdale listing?
Talk directly with Christopher Lazaro, your Fort Lauderdale real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: 2nd Ave
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City: Fort Lauderdale
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Zip/Postal Code: 33311
Details
Updated on July 4, 2026 at 6:53 pm-
Property ID A11954456
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Price $640,000
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Property Size 1368 Sq Ft
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Year Built 1961
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Property Status Active, Residential Income
Additional details
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Flooring Ceramic Floor
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Cooling Central Air
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Association Type None
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Building PROGRESSO
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Area Progresso
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Annual Tax 9534
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Association No
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Private Pool No
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Listing Terms All Cash, Conventional, FHA, FHA-Va Approved
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Waterfront No
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Subdivision PROGRESSO
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Total Stories 1
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Heating Window/Wall
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Structure Type Duplex
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Tax Year 2025
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Construction Concrete Block Construction
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Building Area 1368
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Year Built Details Unknown
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Flood Zone AE,X
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Patio / Porch Patio
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New Construction No
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Style Duplex
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Lot Size (Sq Ft) 0
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