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Craig Bujnowski

[email protected] +1(617) 784-7504

$ 990,000

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Active

741 NW 2nd Ave Fort Lauderdale, FL 33311

3,416 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,416 sqft

Price per Sqft $289

Subdivision Progresso 2-18 D

MLS Listing ID F10460139

Style Duplex

Construction Status Resale

Year Built 2017

Annual Tax Amount $6,776

Tax Year 2023

Property Sub-Type Duplex

Property Description

Back on the market—buyer's DSCR loan fell through. Bank appraisal came in at value- RENTAL COMP at 3,200. Above a 5 percent cap rate. Rare investment opportunity to own both sides of a modern 2017-built, fee-simple twin townhouse in booming Progresso Village. Each unit offers 3 beds, 2 baths, impact windows, and 1-car garage. Strong rental comps at $3,200/month and recent lender appraisal at $487K/door. Located in an Opportunity Zone with two separate folios. Surrounded by major developments- $700m - mixed use dev.. Units can also be sold individually at $495K. High rental demand + proven value = strong cash flow & upside. Don't miss this appreciating asset in one of Fort Lauderdale's fastest-growing areas. NSURANCE IS LESS 2,500 for the year, Double strapped roof to wall attachments.

Location

State FL

County Broward County

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

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

Listing Terms Cash, Conventional

Special Listing Condition As Is

Virtual Tour https://www.propertypanorama.com/Fort-Lauderdale-FL-33311--F10460139/unbranded

Listed by The Keyes Company

Craig Bujnowski

Advisor

+1(617) 784-7504

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