Fort Lauderdale, FL 33311,741 NW 2nd Ave
Fort Lauderdale, FL 33311,741 NW 2nd Ave
Fort Lauderdale, FL 33311,741 NW 2nd Ave
Fort Lauderdale, FL 33311,741 NW 2nd Ave
Fort Lauderdale, FL 33311,741 NW 2nd Ave
Fort Lauderdale, FL 33311,741 NW 2nd Ave
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$ 990,000
Est. payment | /mo

3,416 SqFt


$ 990,000
Est. payment | /mo

3,416 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,416 sqft

Price per Sqft $289

Subdivision Progresso 2-18 D

MLS Listing ID F10460139

Style Duplex

Construction Status Resale

Year Built 2017

Annual Tax Amount $6,776

Tax Year 2023

Property Sub-Type Duplex

Property Description

Back on the market—buyer's DSCR loan fell through. Bank appraisal came in at value- RENTAL COMP at 3,200. Above a 5 percent cap rate. Rare investment opportunity to own both sides of a modern 2017-built, fee-simple twin townhouse in booming Progresso Village. Each unit offers 3 beds, 2 baths, impact windows, and 1-car garage. Strong rental comps at $3,200/month and recent lender appraised at value. Located in an Opportunity Zone with two separate folios. Surrounded by major developments- $700m - mixed use dev.. Units can also be sold individually at $495K. High rental demand + proven value = strong cash flow & upside. Don't miss this appreciating asset in one of Fort Lauderdale's fastest-growing areas. INSURANCE IS LESS 2,500 for the year, Double strapped roof to wall attachments.

Location

State FL

County Broward County

Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810)

Interior

Heating Central Heat

Cooling Ceiling Fans, Central Cooling

Flooring Tile Floors

Exterior

Roof Type Comp Shingle Roof

Building

Lot Description Less Than 1/4 Acre Lot

Story 1.0000

Foundation Cbs Construction

Sewer Municipal Sewer

Construction Status Resale

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition As Is

Virtual Tour https://www.propertypanorama.com/Fort-Lauderdale-FL-33311--F10460139/unbranded

BeachesMLS Matrix (RAPB-F prefix)
Listed by The Keyes Company
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(561) 323-5994

michael@realbrooks.com

8291 Championsgate Blvd, FL, 33896

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741 NW 2nd Ave