1225 NW 2nd St, Fort Lauderdale
#MLS: A11983486
$ 985 000
Listing date03/16/2026
CityFort Lauderdale, FL 33311
Address1225 NW 2nd St
Area2183 sqft
Tax/year$ 11 015
Built year1960
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.
1225 NW 2nd St Fort Lauderdale, FL 33311 quadruplex house for sale with MLS A11983486 located in SEMINOLE FOREST. If you want to buy Quadruplex - 1225 NW 2nd St Fort Lauderdale, FL 33311, call today!