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1225 NW 2nd St

Fort Lauderdale FL 33311

4
2183 sq. ft.
Duplex
Currently for sale - view listing

Overview

Turnkey 4-unit multifamily offering immediate cash flow at a 6% cap rate, currently generating $83,100 in annual revenue, featuring 2 two-bedroom units and 2 one-bedroom units, with 3 of 4 units fully renovated. Property includes new stainless steel appliances, separate water and electric meters, new water heaters, a new flat roof (2025), assigned parking for each unit, and leases in place with security deposits, all with no open permits and professionally managed. Ideal for a 1031 exchange buyer seeking a clean, stabilized asset with additional upside through renovation of the 4th unit, potential to add on-site laundry, and future rent increases in a desirable and growing area. Water, sewer & trash is $210/mo for all units. Minutes from the I-95, Walmart and other commercial shops along W Broward Dr. Showings subject to accepted offer. Please do not disturb tenants.

Features

4 carspaces
2183 sq. ft. floor area
Duplex

Property history for 1225 NW 2nd St

2025
Sold
$729,592
27 Aug 2025 by John Kemper, of E PRO Realty
2020
Rented
Undisclosed
15 Jun 2020 by E PRO Realty
2016
Sold
$242,500
21 Sep 2016 by Roger McKay, of Sterling Castle RE &Investment

Happy sellers in Fort Lauderdale

85%
85% of sellers in Fort Lauderdale reported that their sale price either exceeded or met their price expectations.

Fort Lauderdale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 20 reviews in Fort Lauderdale over the last 12 months.

Local market activity for duplexes in Fort Lauderdale

In the last 12 months, 54 duplexes similar to 1225 NW 2nd St, have been sold.

This represents a 29% increase in duplexes sales when compared to the previous 12 months.

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