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1344 NW 7th Terrace

Fort Lauderdale, FL 33311
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Bed 3

Bed

Bath 2

Bath

SqFt1,485

Sqft

Fully renovated duplex on a corner lot priced below appraised value with a recent appraisal at $550,000. This income producing property offers strong returns with over an 8% CAP RATE.Unit 2 is already leased through July 2027, providing stable cash flow from day one. Unit 1 is vacant and move in ready, perfect for owner occupancy or immediate rental income.New roof installed in 2022 and a new AC from 2021. Both units feature laminate flooring throughout, stainless steel appliances, and private laundry rooms.

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $499,999

AD Id : 77795424

MLS Id : A12009368

Beds : 3

Living Area Size : 1,485

Year Built : 1955

County : Broward

Subdivision: Progresso

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Feature Features

  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric, SeparateMeters Has Cooling: Yes Cooling: CentralAir, Electric

  • Building Information

    Year Built: 1955
    Building Area Total: 1485
    Construction Materials: Block
    Private Pool: No

  • Listing Price Information

    Listing Price: $499999
    Original Price: $525000
    Cash, Conventional, FHA

  • Tax Information

    Parcel Number: 494234024740 Tax Year: 2025 Annual Tax: $10267 Tax Legal Desc: PROGRESSO 2-18 D LOT 24 BLK 74

  • Parking Information

    Parking Total: 4

  • School Information

    Elementary School: Thurgood Marshall Junior High School: Sunrise Senior High School: Dillard 6-12
  • Utility Information

    CableAvailable
  • Location Information

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
715 NW 15th Terrace #1-3, Fort Lauderdale, FL, 33311 $640,000 4 2 1,853 1,853 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
1539 NW 8th Ave, Fort Lauderdale, FL, 33311 $780,000 8 14 2,504 2,504 SqFt
1515 NW 2nd Ave, Fort Lauderdale, FL, 33311 $490,000 3 2 1,523 1,523 SqFt
25 NW 11th Street, Fort Lauderdale, FL, 33311 $665,995 4 3 1,820 1,820 SqFt
1275 NW 27th Avenue #1-2, Fort Lauderdale, FL, 33311 $429,000 2 2 1,137 1,137 SqFt
2800 W Sunrise Boulevard, Fort Lauderdale, FL, 33311 $589,490 -- 4 1,734 1,734 SqFt
848 NW 2nd Ave, Fort Lauderdale, FL, 33311 $975,000 3 5 1,936 1,936 SqFt
510 NW 13th Street, Fort Lauderdale, FL, 33311 $489,490 4 2 1,742 1,742 SqFt

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ByOwner last updated this listing 06/18/2026 @ 08:13

MLS: A12009368 LISTED BY: Oguz Magden, Brokernation Real Estate Doral 305-508-9893 SOURCE: Beaches MLS

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