Description

Excellent investment with high cap rate
Oversized duplex generating $5,500/month ($2,600 + $2,900), totaling $66,000/year in gross rental income. Like an ATM for consistent cash flow. Well-maintained with separate electric meters, strong tenants, and low vacancy. 5 parking spaces. Located in a high-demand, rapidly growing Fort Lauderdale area near Walmart, shopping, dining, I-95, and public transit.
Prime location plus strong numbers equals a great opportunity.

Address

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Address: Riverland Dr
City: Fort Lauderdale
State/county: Broward County
Zip/Postal Code: 33312
Area: RIVERLAND VILLAGE PARK

Details

Updated on October 25, 2025 at 6:03 pm

Property ID A11851140
Price $619,000
Property Size 2099 Square Feet
Year Built 1985
Type Duplex
Property Status Residential Income

Additional details

ArchitecturalStyle Attached
BuildingAreaSource Appraisal
BuildingAreaTotal 2099
BuildingAreaUnits Square Feet
BuildingName RIVERLAND VILLAGE PARK
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2025-08-01
Cooling Central Air
DaysOnMarket 85
DocumentsAvailable Deposit - Security, Rent Rolls
ExpirationDate 2026-01-31
Flooring Tile
Heating Central
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-615-9399
ListAgentEmail eyalamed@yahoo.com
ListAgentFullName Eyal Melamed
ListAgentKey 305caed177c82d44b0c7ceaf32727094
ListAgentMlsId 3365148
ListAgentOfficePhone 954-455-2822
ListAgentStateLicense 3365148
ListOfficeFax 954-455-9088
ListOfficeKey 0878fe32ab46bf133a3578db134c7090
ListOfficeMlsId ISRM01
ListOfficeName ISRAM Realty & Management
ListOfficePhone 954-455-2822
ListingAgreement Exclusive Right To Sell
ListingContractDate 2025-08-01
ListingKey 957138932df11011081785b7d87da227
ListingTerms All Cash, Conventional, FHA
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Riverland Village Park
MajorChangeTimestamp October 9, 2025 at 12:37pm
MajorChangeType Price Decrease
MlsStatus Active
ModificationTimestamp October 25, 2025 at 03:44pm
NetOperatingIncome 43000
NumberOfUnitsInCommunity 2
NumberOfUnitsTotal 2
OnMarketDate 2025-08-01
OperatingExpense 23000
OriginalEntryTimestamp August 1, 2025 at 07:57pm
OriginalListPrice 629000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 504208230160
ParkingTotal 5
PhotosChangeTimestamp August 1, 2025 at 08:02pm
PhotosCount 39
PostalCodePlus4 2214
PreviousListPrice 629000
PriceChangeTimestamp October 9, 2025 at 12:37pm
PublicSurveyRange 50
PublicSurveyTownship 50
RentIncludes Gardener, Water
Roof Shingle
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 418739280
StateOrProvince FL
StatusChangeTimestamp August 1, 2025 at 07:57pm
Stories 1
StoriesTotal 1
StreetName Riverland Dr
StreetNumber 2610
StreetNumberNumeric 2610
StructureType Duplex
SyndicationRemarks Excellent investment with high cap rate Oversized duplex generating $5, 500/month ($2, 600 + $2, 900), totaling $66, 000/year in gross rental income. Like an ATM for consistent cash flow. Well-maintained with separate electric meters, strong tenants, and low vacancy. 5 parking spaces. Located in a high-demand, rapidly growing Fort Lauderdale area near Walmart, shopping, dining, I-95, and public transit. Prime location plus strong numbers equals a great opportunity.
TaxAnnualAmount 8254
TaxLegalDescription RIVERLAND VILLAGE PARK 78-10 B LOT 16
TaxYear 2024
TotalActualRent 66000
WindowFeatures Sliding
YearBuiltDetails Resale
Zoning RD-15