Address
1225 Nw 2nd St, Fort Lauderdale, FL
Price
$ 985,000
Property Attributes
- MLS#A11983486
- TypeSingle Family
- Listing Status Active
- CountyBroward
- CityFort Lauderdale
- Area3020
- NeighborhoodSEMINOLE FOREST
- Zip33311
- Style
- Year Built1960
- Taxes$ 11015
- Price$ 985,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2183
Data Source:
Southeast Florida MLS (SEFMLS)
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.
| Price History | |
|---|---|
| 3/31/2026 | Listed $1,050,000 |
| 4/30/2026 | 6$985,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | None |
| Cooling | WallWindowUnits |
| Utilities | CableAvailable |
| Possession | ClosingAndFunding |
| Roof | Other |
| Architectural Style | Fourplex |
| Pool Features | None |
| Construction Materials | Block |
| Year Built | 1960 |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Quadruplex |
| Tax Year | 2025 |
| County | Broward |
| Property Type | ResidentialIncome |
| Subdivision Name | SEMINOLE FOREST |
| Rent Includes | TrashCollection |
| Status | Active |
| City | Fort Lauderdale |
| Zoning Description | RMM-25 |
| MLS Area | 3020 |
| Lot Size Units | SquareFeet |
| Listing Terms | Cash,Conventional |
| Year Built Details | Resale |
| Tax Annual Amount | 11015 |
| MLS Area Minor | Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810) |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A11983486 |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Property Sub Type Additional | Quadruplex |
| PostalCity | Fort Lauderdale |
| Legal Description | SEMINOLE FOREST 14-16 B LOT 6 BLK 3 |
| AttributionContact | 786-692-8144 |
Interior Features
| Flooring | Other |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | false |
Exterior Features
| Lot Features | LessThanQuarterAcre |
|---|---|
| Total Parking | 4 |
| Building Area Total | 2183 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33311
Price
Taxes
Year Built
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Data Last Updated: September 12, 2026 12:31 AM UTC
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