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1225 NW 2nd St, Fort Lauderdale, FL 33311

Fort Lauderdale
Local realty services provided by:CENTURY 21 Carioti
1225 NW 2nd St,Fort Lauderdale, FL 33311
$985,000
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  • - Beds
  • - Baths
  • 2,183 sq. ft.
  • Multi-family
  • Active
Listed by: dan avital
Office: compass florida, llc.305-605-7465
MLS#:A11983486
Source:SEFMLS

Price summary

  • Price:$985,000
  • Price per sq. ft.:$451.21

About this home

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.

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Home facts

  • Year built:1960
  • Subdivision & Development:SEMINOLE FOREST
  • Listing ID #:A11983486
  • Updated:August 20, 2026 at 10:01 AM

Rooms and interior

  • Living area:2,183 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Units

Structure and exterior

  • Year built:1960
  • Building area:2,183 sq. ft.
  • Architectural Style:Fourplex
  • Construction Materials:Block
  • Levels:1 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$985,000
  • Price per sq. ft.:$451.21
  • Tax amount:$11,015 (2025)

Parking

  • Total parking spaces:4
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. SEFMLS Member Broker: Albert Carioti

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