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Multifamily in Fort Lauderdale, FL 33311741 NW 2nd Ave
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OFF MARKET
Beds
3,416
SqFt$290
$/SqFtMultifamily
Built in 2017
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 appraised at value. 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. INSURANCE IS LESS 2,500 for the year, Double strapped roof to wall attachments.
MLS Number: F10460139
On Site: 744 Days
Updated: 410 Days ago
Page Views: 0
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
Apples-to-Apples Comparables
Price History
Current
$990K
High
$1.1M
Low
$990K
Total Change
-8.3%Date
Event
Price
Change
Price Per
02/20/2025
Price Reduced
$990K
-6.6%$290 ft2
$3,120 m2
10/14/2024
Price Reduced
$1.1M
-1.85%$310 ft2
$3,340 m2
09/12/2024
Listed
$1.1M
$316 ft2
$3,403 m2
02/20/2025
$990K
Event
Price Reduced
Change
-6.6%Price Per
$290 ft2
$3,120 m2
10/14/2024
$1.1M
Event
Price Reduced
Change
-1.85%Price Per
$310 ft2
$3,340 m2
09/12/2024
$1.1M
Event
Listed
Price Per
$316 ft2
$3,403 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Dodley Emmanuel • The Keyes Company • Buyer Agency Compensation .
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