741 NW 2nd Ave, Fort Lauderdale, FL 33311

1,060,000(-6.6% )
$990,000Price
3,416SqFt

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Details

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Status:
Active
Size: 3,416 SqFt (317 m2)
Price: $290/SqFt ($3,120/m2)
Type: Multi Family
Built: 2017
MLS Number: F10460139
On Site: 322 Days
Updated: 0 Days ago
Page Views: 0
Back on the market—buyer’s dscr loan fell through. Bank appraisal came in at value- rental comp at 3,200. Above a 5 percent cap rate. Rare investment opportunity to own both sides of a modern 2017-built, fee-simple twin townhouse in booming progresso village. Each unit offers 3 beds, 2 baths, impact windows, and 1-car garage. Strong rental comps at $3,200/month and recent lender appraisal at $487k/door. Located in an opportunity zone with two separate folios. Surrounded by major developments- $700m - mixed use dev.. Units can also be sold individually at $495k. High rental demand + proven value = strong cash flow & upside. Don’t miss this appreciating asset in one of fort lauderdale’s fastest-growing areas. Nsurance is less 2,500 for the year, double strapped roof to wall attachments.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir, CeilingFans
        Building and Construction
        • Floor Description: Tile
        • Year Built: 2017
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-09-10T11:17:13.000-00:00
          Taxes, Fees & More
          • Taxes: 6776
          • Total Units in Building: 2

          Price History

          02/20/2025

          Date

          Price Reduced

          Event

          $990K

          Price

          -6.6%

          Change Rate

          $290 ft2 / $3,120 m2

          Price Per

          10/14/2024

          Date

          Price Reduced

          Event

          $1.1M

          Price

          -1.85%

          Change Rate

          $310 ft2 / $3,340 m2

          Price Per

          09/12/2024

          Date

          Listed

          Event

          $1.1M

          Price

          $316 ft2 / $3,403 m2

          Price Per

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

          Listed by Dodley EmmanuelThe Keyes Company • Buyer Agency Compensation .

          Instant Comps

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