1225 NW 2nd St, Fort Lauderdale, FL 33311
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1225 NW 2nd St, Fort Lauderdale, FL 33311
1225 NW 2nd St, Fort Lauderdale, FL 33311
1225 NW 2nd St, Fort Lauderdale, FL 33311
1225 NW 2nd St, Fort Lauderdale, FL 33311
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Sylvio Martini

Sylvio Martini

+1(305) 876-4420
$ 1,050,000
Est. payment /mo
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1225 NW 2nd St Fort Lauderdale, FL 33311

2,183 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,183 sqft

Price per Sqft $480

Subdivision Seminole Forest

MLS Listing ID A11983486

Style Fourplex

HOA Y/N No

Year Built 1960

Annual Tax Amount $11,015

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

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.

Location

State FL

County Broward

Community Seminole Forest

Area 3020

Interior

Heating None

Cooling Wall/Window Unit(s)

Flooring Other

Exterior

Pool None

Utilities Available Cable Available

Roof Type Other

Total Parking Spaces 4

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Others

Tax ID 504204200360

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11983486

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Pink Miami Real Estate

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Sylvio Martini
Sylvio Martini

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+1(305) 876-4420 | martini@miamirealtysolution.com

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1225 NW 2nd St