Multifamily in Fort Lauderdale, FL 33311
Seminole Forest, 1225 NW 2nd St #1-4

$1.1M6.2%
$985,000
2,183
SqFt
Status
OFF MARKETExpired
Size
2,183 SqFt (203 m2)
Price
$451/SqFt ($4,857/m2)
Type
Multifamily
Built
1960
MLS Number
A11983486
On Site
164 Days
Updated
74 Days ago
Page Views
0
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.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: None
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Other
        • Year Built: 1960
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2026-03-31T14:49:04.000-00:00
          Taxes, Fees & More
          • Taxes: 11015

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          Price History

          Current
          $985K
          High
          $1.1M
          Low
          $985K
          Total Change
          -6.2%
          $1.1M$1M$977KMar 26Apr 26Apr 26
          Date
          Event
          Price
          Change
          Price Per
          04/30/2026
          Price Reduced
          $985K
          0%
          $451 ft2
          $4,857 m2
          04/30/2026
          Price Reduced
          $985K
          -6.19%
          $451 ft2
          $4,857 m2
          03/16/2026
          Listed
          $1.1M
           
          $481 ft2
          $5,177 m2
          04/30/2026
          $985K
          Event
          Price Reduced
          Change
          0%
          Price Per
          $451 ft2
          $4,857 m2
          04/30/2026
          $985K
          Event
          Price Reduced
          Change
          -6.19%
          Price Per
          $451 ft2
          $4,857 m2
          03/16/2026
          $1.1M
          Event
          Listed
          Price Per
          $481 ft2
          $5,177 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Dan Avital • Compass Florida, LLC • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Somewhat Walkable. Some errands can be accomplished on foot
          69

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          49

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          53

          100
          Community Snapshot
          2 – 2 BR
          Bedrooms
          $320K – $320K
          Price Tier
          729 - 2,764
          SqFt Range
          2007
          Year Build
          2
          Total Floors

          Subdivision Amenities

          None

          Fort Lauderdale
          Entry-Level
          Entry-Level Homes & Condos

          Seminole Forest Communities in Fort Lauderdale, FL