Pending

Seminole Forest, 1225 NW 2nd St, Fort Lauderdale, FL 33311

798,000(-3.13% )
2,076SqFt

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Details

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Status:
Pending
Size: 2,076 SqFt (193 m2)
Price: $372/SqFt ($4,008/m2)
Type: Multi Family
Built: 1964
MLS Number: F10468911
On Site: 281 Days
Updated: 23 Days ago
Page Views: 0
Great investment opportunity! Fully rented fourplex in prime east fort lauderdale–well maintained & professionally managed-all units are currently rented-tenants pay for electricity (each unit has electric meter) owner pays water/trash 1 water meter. Ext. Recently painted-zoned as a true fourplex-fully occupied immediate cash flow: unit 1: 2bed/1bath @ $1,625/mo–lease through 12/14/2025: unit 2: 1bed/1 bath $1,300/mo–lease through 9/30/2025: unit 3: 1bed/1bath $1,250/mo–lease through 1/14/2026: unit 4: 2bed/1 bath $1,750/mo–lease through 6/14/2025: do not walk the property–tenants are unaware for sale- showings only available after an accepted offer-this is a strong income-producing asset in high-demand rental market. Ideal for investors seeking steady returns w/minimal management hassle
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: None,WallFurnace
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Carpet,Tile
        • Year Built: 1964
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-11-05T15:27:52.000-00:00
          Taxes, Fees & More
          • Taxes: 8366
          • Total Units in Building: 4

          Price History

          03/18/2025

          Date

          Sold

          Event

          $773K

          Price

          -3.13%

          Change Rate

          $372 ft2 / $4,008 m2

          Price Per

          02/26/2025

          Date

          Price Reduced

          Event

          $798K

          Price

          -3.26%

          Change Rate

          $384 ft2 / $4,138 m2

          Price Per

          01/16/2025

          Date

          Price Reduced

          Event

          $824.9K

          Price

          -2.84%

          Change Rate

          $397 ft2 / $4,277 m2

          Price Per

          11/05/2024

          Date

          Listed

          Event

          $849K

          Price

          $409 ft2 / $4,402 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by John KemperE PRO Realty • Buyer Agency Compensation .

          Instant Comps

          $100/ft²
          $200/ft²
          $400/ft²
          $500/ft²

          Unit 1225 NW 2nd St – Asking

          $372/ft²

          (+33%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $280/ft²
          Community $/Price Range (Closed) $268/ft² – $350/ft²
          No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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