Multifamily in Fort Lauderdale, FL 33311South Middle River, 1429 N Andrews Ave
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OFF MARKET
$475,000
1,000
SqFtStatus
OFF MARKETExpired
Size
1,000 SqFt (93 m2)
Price
$475/SqFt ($5,113/m2)
Type
Multifamily
Built
1955
MLS Number
R11036604
View
Garden,Water
On Site
667 Days
Updated
616 Days ago
Page Views
0
Prime Investment Opportunity in Fort Lauderdale's Thriving Neighborhood Near Las Olas!Welcome to 1429 N Andrews Ave, Fort Lauderdale, FL 33311, a versatile and well-maintained duplex that's perfect for the savvy investor. This property features all IMPACT WINDOWS for enhanced safety and noise reduction, a durable 2011 roof, and low-maintenance TERRAZZO flooring throughout. Each unit comes complete with private patios and IN-UNIT LAUNDRY for added convenience and tenant satisfaction.With Seperate Electric Meters for each unit and new leases secured until the end of October 2025, this duplex offers stable rental income and a CAP rate of 7.8% (including lawn care and water). The owner pays a $160/month water bill for both units, keeping operating costs manageable.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Fence, None, Patio, RoomForPool, Awnings
- View: Garden,Water
Interior, Heating and Cooling
- Heating Description: WallFurnace
- Cooling Description: WallWindowUnits
Building and Construction
- Floor Description: Terrazzo
- Windows/Treatment: Blinds,ImpactGlass
- Year Built: 1955
- Year Built Description: Resale
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2024-11-13T08:24:39.000-00:00
Taxes, Fees & More
- Maintenance Includes: MaintenanceGrounds, Water
- Taxes: 6298
- Total Units in Building: 2
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
11/13/2024
Listed
$475K
 $475 ft2
$5,113 m2
11/13/2024
$475K
Event
Listed
Price Per
$475 ft2
$5,113 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Frankelley Nunez • Realty ONE Group Innovation • Buyer Agency Compensation .
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Scores
67
100
43
100
63
100
74
100
0
100
29
100
1
100
Community Snapshot
2 – 7 BR
Bedrooms
$140K – $2.5M
Price Tier
664 - 7,318
SqFt Range
1954
Year Build
1
Total Floors
Subdivision Amenities
None
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Mid-Tier
Mid-Tier 1
Premium
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