FOR SALE

1225 2nd St

Broward, Seminole Forest, Fort Lauderdale, FL

Asking

$1,050,000

BTC

15.804

ETH

513.19

Home Size
2,183 sq. ft.
Year Built
1960
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.

LOADING

Location

Market Area
Broward
Neighborhood
SEMINOLE FOREST

Agent

Dan Avital

+1 310 910 1722

Contact Email

[email protected]