$499,999
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1344 NW 7th Ter Fort Lauderdale, FL 33311
1,485 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,485 sqft
Price per Sqft $356
Subdivision Progresso
MLS Listing ID A12009368
Sold Date 07/24/26
HOA Y/N No
Year Built 1955
Annual Tax Amount $10,267
Tax Year 2025
Contingent Other
Property Sub-Type Duplex
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.
Location
State FL
County Broward
Community Progresso
Area 3390
Zoning RDS-15
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Laminate
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Others
Tax ID 494234024740
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing FHA
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Bought with Elite Realty Partners, Inc.