Fort Lauderdale, FL 33304,1116-1118 NE 15th Av
Fort Lauderdale, FL 33304,1116-1118 NE 15th Av
Fort Lauderdale, FL 33304,1116-1118 NE 15th Av
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$616,550
Est. payment /mo
1,120 SqFt

UPDATED:

10/29/2024 04:15 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,120 sqft

Price per Sqft $550

Subdivision Progresso

MLS Listing ID A11681803

Construction Status Resale

HOA Y/N No

Year Built 1952

Annual Tax Amount $7,283

Tax Year 2024

Property Description

Motivated Seller, accepting offers! , a meticulously updated duplex two 1bed 1bath units. Each unit has spacious living areas, modern kitchens, including new roof, appliances, electrical system, plumbing, flooring, impact windows and doors, and new AC units. Both units are currently rented, generating solid income with tenants covering water and electricity expenses. *Currently a 5% CAP rate*, with potential for increased return.Situated on a generous 6,502 sq. ft. lot with RC15 zoning, there’s ample room for future growth, adding a pool or a third unit. Located near shops, dining, and public transportation. It offers both front and gated parking. Ideal for investors, short term rental or owner-occupants seeking rental income with future growth potential. Don’t miss out on this opportunity

Location

State FL

County Broward

Community Progresso

Area 3380

Interior

Heating None

Cooling Wall/Window Unit(s)

Flooring Tile

Window Features Impact Glass

Exterior

Exterior Feature Room For Pool

Pool None

Utilities Available Cable Not Available

Waterfront No

Roof Type Shingle

Total Parking Spaces 4

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 494234043470

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is


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Listed by Compass Florida, LLC.

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Milton Knight, CRS

+1(786) 917-3337

Principal Real Estate Broker | License ID: 0663675

Principal Real Estate Broker License ID: 0663675

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