Fort Lauderdale, FL 33311,741 NW 2nd Ave
Fort Lauderdale, FL 33311,741 NW 2nd Ave
Fort Lauderdale, FL 33311,741 NW 2nd Ave
37
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$990,000
Est. payment /mo
2,934 SqFt
New

741 NW 2nd Ave Fort Lauderdale, FL 33311

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,934 sqft

Price per Sqft $337

Subdivision Progresso 2-18 D

MLS Listing ID F10519705

Style Duplex

Construction Status Resale

Year Built 2017

Annual Tax Amount $7,194

Tax Year 2024

Property Sub-Type Duplex

Property Description

Rare chance to own both sides of a modern 2017-built, fee-simple twinhome in booming Progresso Village, Fort Lauderdale. Each unit offers 3 bedrooms/2 bathrooms, high ceilings and a 1-car garage. Strong rental comps support a 5.5%+ cap rate, w/ insurance under $2,200/year and property sits on high elevation. Low vacanies in the area. In a Opportunity Zone to help minimize future potential capital gains. Nearby $700M+ development- FAT VILLAGE, 20 approved plans underway. Separate folio & expenses and can be sold individually at $495K. High rental demand, proven value, and long-term upside make this a solid, cash-flowing asset in one of Fort Lauderdale's fastest-growing areas. Previous Buyer's DSCR loan fell through — bank appraisal came in at value with recent rental comps at $3,200/month.

Location

State FL

County Broward County

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

Zoning RMM-25

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, Other Terms

Listing Terms Cash, Conventional, Other Terms

Special Listing Condition As Is

Virtual Tour https://www.propertypanorama.com/741-NW-2nd-Ave-Fort-Lauderdale-FL-33311/unbranded


BeachesMLS Matrix (RAPB-F prefix)
Listed by The Keyes Company

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agent

Roger Averbuj

Broker | License ID: 3025119

+1(954) 663-8461

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741 NW 2nd Ave