INVESTOR'S DREAM — CASH FLOW FROM DAY ONE! This ±2,330 sq ft Fort Lauderdale income property delivers a 7%+ cap rate on actual in-place income (11%+ gross yield) — no proforma, real rents, real leases. 5 bedrooms and 3 baths total on one lot: a spacious 3-bedroom, 2-bath main residence… Read More PLUS a non-conforming 2-bedroom, 1-bath rear unit (#B) with its own private entrance — two income streams currently generating $4,200/month ($50,400/year gross) with both leases in place through November 30, 2026. Roof (2008) • A/C (2020) • Solid 1958 concrete block construction • No HOA • No rental restrictions. Hold it as-is for consistent cash flow, or with the right updates and rent repositioning at lease end, push returns even higher. Sold AS-IS. Seller is seeking a CASH buyer with a FAST CLOSING — bring your proof of funds and be ready to move. Don't miss your chance to secure a lucrative investment in a prime location! Read Less
Courtesy of Keller Williams Realty Premier Properties 305-595-2844
Listing Snapshot
Days Online
4
Last Updated
Property Type
Single Family Residence
Beds
5
Full Baths
3
Square Ft.
2,222
Lot Size
0.16 Acres
Year Built
1958
MLS Number
A12054277
30 Days Snapshot Of 33311
$299k
+44%
(avg) sold price
7
-41%
homes sold
73
-43%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road frontage type: Public Road
Appliances & Equipment
Electric Water Heater, Dryer, Electric Range, Refrigerator, Washer
Building
Built in 1958, Architectural style: Ranch, Living area: 2222, Construction materials: CBS, Other structures: "Outbuilding", "Shed(s)", Toal building area: 2330
Cooling
Central Air
Fence
Fenced
Floors
Carpet, Tile
Heating
Electric
Lot
0.16 acres, Fruit Tree(s)
Parking
Circular Driveway
Pets Policy
Pets allowed: Yes
Property
Zoning: RS-5
Roof
Shingle
Sewer
Public Sewer
Taxes
Annual amount: $8,516
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