Seminole Forest Fourplex For Sale
1225 Nw 2nd St, Fort Lauderdale, FL 33311

$1,050,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11983486
  • Virtual Tour: YES
  • List Price: $1,050,000
  • Living Area: 2183 Ft² / 203 M²
  • Price Per Foot/Meter: $481 / $5,177
  • Taxes:$11,015
  • Year Built:1960
  • Listing Date:March 31, 2026
  • Days On Market:3

Description


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


  • Floor:Other
  • Exterior Feature:

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker