1225 2nd St ,Other, Quadruplex, Seminole Forest en Venta

1225 2nd St en Venta

Precio $1,050,000.00

• Tamaño de lote 2183
• Año de construcción 1960
• Frente al agua
• Zip 33311
• Estilo Other
• Parking Descripción
• Piscina Yes
• Estado Active

Descripción

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.

SEMINOLE FOREST 14-16 B LOT 6 BLK 3

Less Than 1/4 Acre Lot

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.

City:Fort Lauderdale,Zoning:RMM-25,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2025,Latitude:26.1237628,Cooling Y N:1,List Price:1050000,Listing Id:A11983486,Longitude:-80.1585598,Mls Status:Active,Year Built:1960,Inclusions:None,Living Area:2183,Postal Code:33311,Street Name:2nd St,Coordinates:1:26.1237628,Photos Count:11,Building Name:SEMINOLE FOREST,Days On Market:15,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:3020,M L S Area Major:Seminole Forest,On Market Date:2026-03-16,Parcel Number:504204200360,Parking Total:4,Property Type:Residential Income,Stories Total:1,Street Number:1225,M I A M I R E_ Style:Fourplex,Public Remarks: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.,Structure Type:1:Fourplex,County Or Parish:Broward County,Expiration Date:2026-08-31,List Office Name:Pink Miami Real Estate,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:8614,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:SEMINOLE FOREST,Tax Annual Amount:11015,Unparsed Address:1225 NW 2nd St, Fort Lauderdale FL 33311,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:2183,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:AE,M I A M I R E_ L P Amt Sq Ft:480.9895,Original List Price:1050000,Public Survey Range:50,Documents Available:1:Rent Rolls,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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 Contract Date:2026-03-16,Originating System I D:miamire,Showing Instructions:24 Hour Notice,Street Number Numeric:1225,Tax Legal Description:SEMINOLE FOREST 14-16 B LOT 6 BLK 3,M I A M I R E_ Current Price:1050000,Public Survey Township:50,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:2183,M I A M I R E_ Geographic Area:Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810),M I A M I R E_ Internet Remarks:4-unit turnkey multifamily, 6% cap, $83K income. Ideal 1031. fully occupied with upside on 4th unit reno, please do not bother tenants. Contact agent.,M I A M I R E_ Parcel Number M L X:0360,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Street View Param:1$26.123746$-80.158556$300.54$13.33$1.00$Dd_NBb37mle1w8IzemaD5w,Contract Status Change Date:2026-03-16,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:20,M I A M I R E_ Agent Alternate Phone:786-692-8144,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1225 NW 2nd St,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:480.99,