1344 NW 7th Terrace
Fort Lauderdale, FL 33311
3
Bed
2
Bath
1,485Sqft
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric, SeparateMeters Has Cooling: Yes Cooling: CentralAir, Electric
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Building Information
Year Built: 1955Building Area Total: 1485Construction Materials: BlockPrivate Pool: No
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Listing Price Information
Listing Price: $499999Original Price: $525000Cash, Conventional, FHA
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Tax Information
Parcel Number: 494234024740 Tax Year: 2025 Annual Tax: $10267 Tax Legal Desc: PROGRESSO 2-18 D LOT 24 BLK 74
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Parking Information
Parking Total: 4
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School Information
Elementary School: Thurgood Marshall Junior High School: Sunrise Senior High School: Dillard 6-12 -
Utility Information
CableAvailable -
Location Information
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 831 NW 1st Ave, Fort Lauderdale, FL, 33311 | $1,110,000 | 4 | 4 | 2,423 | 2,423 SqFt |
| 730 NW 4th Avenue, Fort Lauderdale, FL, 33311 | $950,000 | 8 | 4 | 2,792 | 2,792 SqFt |
| 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 |
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ByOwner last updated this listing 06/21/2026 @ 23:16
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