1121 NE 2nd Street, Fort Lauderdale, FL 33301
- $1,200,000
- 2,085
- SqFt
- Sold Price
- $1,200,000
- List Price
- $1,249,000
- Closing Date
- Dec 03, 2025
- MLS#
- A11858941
- Sq. Ft
- 2,085
- Subtype
- Quadruplex
- County
- Broward
- Subdivision
- Stranahans Sub
- Region
- 3280
- Year Built
- 1959
Property Description
The best priced multifamily in VP! Corner-lot 4plex with 2 separate and detached duplexes on one lot, just 3 blocks from Las Olas Blvd, beautiful and long-lasting barrel tile roof, updated interiors, private fenced in patios. This income-producing property on a 6,300 sq ft lot. Located minutes from Fort Lauderdale Beach and FLL Airport, in one of the city’s most walkable and desirable neighborhoods. Surrounded by top dining, shops, and entertainment- making it an ideal location for both long-term and short-term tenants, current gross annual revenue $120,000 and a solid 7% CAP rate, reliable cash flow and strong long-term appreciation. VP offers high tenant demand and low vacancy rates. Development opportunity, Zone RML-25 Residential Multifamily Low Rise/Medium High Density district.
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Additional Information
- Heating
- Separate Meters, Wall Furnace
- Cooling
- Electric
- Roof
- Slate
- Sewer
- Public Sewer
- Parking Spaces
- 6
- Flooring
- Ceramic Tile
- Construction
- Block
- Living Area
- 2,085
- Elementary School
- Harbordale
- Middle School
- Sunrise
- High School
- Fort Lauderdale
Listing courtesy of The Keyes Company. Contact:
Selling Office: Douglas Elliman.