34
$1,249,000 Sale
Listed 22 hours ago
1121 NE 2nd St
· 0
· 0
· 6
· 2085
Key Facts
Key facts for 1121 NE 2nd St
Property Type
Apartment, Fourplex
Parking
6 parking
MLS #
A11858941
Size
2085 sqft
Basement
-
Listed on
-
Lot size
-
Tax
$14,818 /yr
Days on Market
-
Year Built
1959
Maintenance Fee
-
Description
Corner-lot 4plex with 2 separate and detached duplexes on one lot in Victoria Park—just 3 blocks from Las Olas Blvd, 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. Surrou...nded 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 with annual leases, it delivers both reliable cash flow and strong long-term appreciation in a thriving urban market. 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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Listing courtesy of: The Keyes Company