Progresso Duplex For Sale
1429 N Andrews Avenue, Fort Lauderdale, FL 33311

$475,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:R11036604
  • Virtual Tour: YES
  • List Price: $475,000
  • Living Area: 1000 Ft² / 93 M²
  • Price Per Foot/Meter: $475 / $5,113
  • Taxes:$6,298
  • Year Built:1955
  • Listing Date:November 13, 2024
  • Days On Market:3
  • Total Units:2

Description


Prime Investment Opportunity in Fort Lauderdale's Thriving Neighborhood Near Las Olas!Welcome to 1429 N Andrews Ave, Fort Lauderdale, FL 33311, a versatile and well-maintained duplex that's perfect for the savvy investor. This property features all IMPACT WINDOWS for enhanced safety and noise reduction, a durable 2011 roof, and low-maintenance TERRAZZO flooring throughout. Each unit comes complete with private patios and IN-UNIT LAUNDRY for added convenience and tenant satisfaction.With Seperate Electric Meters for each unit and new leases secured until the end of October 2025, this duplex offers stable rental income and a CAP rate of 7.8% (including lawn care and water). The owner pays a $160/month water bill for both units, keeping operating costs manageable.

Features


  • Floor:Terrazzo
  • Exterior Feature:Fence, None, Patio, RoomForPool, Awnings

Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker