1225 NW 2nd St

Fort Lauderdale, FL 33311
  • $985,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 2,183

    SqFt

About the Listing SEFCOMP05 - SEF3601571

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 along W Broward Dr.Showings subject to accepted offer. Please do not disturb tenants.

Listing Highlights

Status Active
Days on Site 42
Property Type Multi-Family
MLS ® A11983486
Year Built 1960
Total Square Footage 2,183
Lot/Acreage N/A
County Broward
Neighborhood Seminole Forest
Area 3460
Elementary School North Fork
Middle School Parkway
High School Stranahan

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Wall/Window Unit(s)
  • Heating: Separate Meters
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 4
  • Zoning: RMM-25
  • Roof: Other
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $11,015
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 504204200360
  • Tax Year: 2025

Payment Calculator

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  • in Taxes
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Questions About..

1225 NW 2nd St Fort Lauderdale, FL 33311

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Originating MLS: BEACH

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Nicole Gary

CEO - The Nicole Gary Team | The Nicole Gary Team

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