Property Description
Fully renovated duplex on a corner lot priced below appraised value with a recent appraisal at $550,000. This income producing property offers strong returns with over an 8% CAP RATE.
Unit 2 is already leased through July 2027, providing stable cash flow from day one. Unit 1 is vacant and move in ready, perfect for owner occupancy or immediate rental income.
New roof installed in 2022 and a new AC from 2021. Both units feature laminate flooring throughout, stainless steel appliances, and private laundry rooms.
Features
- Swimming Pool
- Heating System
- Cooling System
- Parking
- Roof:
- Shingle
- Sewer
Address Map
- State:
- FL
- County:
- Broward
- City:
- Fort Lauderdale
- Zipcode:
- 33311
- Street:
- 1344 Nw 7th Ter, Fort Lauderdale, Florida 33311
- Longitude:
- W81° 50' 52.7''
- Latitude:
- N26° 8' 33.9''
MLS Addon
- Building Area:
- 1,485 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 91
- DOM:
- 20
- Flooring:
- Laminate
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash, Conventional, FHA
- Lot Features
- Parcel Number:
- 494234024740
- Subdivision Name:
- PROGRESSO
- Tax Annual Amount:
- $10,267
- Tax Year:
- 2025
- Utilities
- Virtual Tour:
- Click Here
Residential Income For Sale
1344 Nw 7th Ter, Fort Lauderdale, Florida 33311, Fort Lauderdale, Florida 33311
1,485 Sqft
$525,000
MLS # #A12009368
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $525,000
- Square Footage :
- 1,485 Sqft
- Year Built :
- 1955
- MLS # :
- A12009368
- Property Sub Type :
- Duplex
