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1225 NW 2nd St

Fort Lauderdale, FL 33311
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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 alo ng W Broward Dr. Showings subject to accepted offer. Please do not disturb tenants.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $985,000

AD Id : 76667953

MLS Id : A11983486

Living Area Size : 2,183

Year Built : 1960

County : Broward

Subdivision: Seminole Forest

  • Map Map

Map

Feature Features

  • Interior Features

    Roof: Other
  • Heating & Cooling

    Heating: None Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1960
    Building Area Total: 2183
    Construction Materials: Block
    Stories: 1
    Pool Features: None
    Private Pool: No

  • Lot Information

    Lot Description: LessThanQuarterAcre

    Property Information

    Subdivision: SEMINOLE FOREST Source Property Type: ResidentialIncome MLS Area Minor: Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810) Postal Code Plus 4: 8614 Zoning Description: RMM-25 Property SubType: Quadruplex Levels: One Property Age: 66

  • Listing Price Information

    Listing Price: $985000
    Original Price: $1050000
    Cash, Conventional

  • Tax Information

    Parcel Number: 504204200360 Tax Year: 2025 Annual Tax: $11015 Tax Legal Desc: SEMINOLE FOREST 14-16 B LOT 6 BLK 3

  • Parking Information

    Parking Total: 4

  • Utility Information

    CableAvailable
  • Location Information

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Nearby Home Value

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1420 NW 5th Avenue, Fort Lauderdale, FL, 33311 $565,000 3 3 1,615 1,615 SqFt
1429 N Andrews Avenue, Fort Lauderdale, FL, 33311 $455,000 2 2 1,000 1,000 SqFt
926 - 932 NW 2nd St, Fort Lauderdale, FL, 33311 $1,800,000 12 12 1,811 1,811 SqFt
2800 W Sunrise Boulevard, Fort Lauderdale, FL, 33311 $589,490 -- 4 1,734 1,734 SqFt
25 NW 11th Street, Fort Lauderdale, FL, 33311 $665,995 4 3 1,820 1,820 SqFt
510 NW 13th Street, Fort Lauderdale, FL, 33311 $489,490 4 2 1,742 1,742 SqFt
842 NW 1st Ave, Fort Lauderdale, FL, 33311 $1,900,000 1 1 4,753 4,753 SqFt
1304 NW 6th Ave, Fort Lauderdale, FL, 33311 $515,000 3 2 1,275 1,275 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/20/2026 @ 17:16

MLS: A11983486 LISTED BY: Dan Avital, Pink Miami Real Estate 305-605-7465 SOURCE: SEFMIAMI

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