1429 N Andrews AVE Active Save Request In-Person Tour Request Virtual Tour
Fort Lauderdale,FL 33311
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,000 sqft
Price per Sqft $475
Subdivision Progresso
MLS Listing ID RX-11036604
Bedrooms 2
Full Baths 2
Year Built 1955
Annual Tax Amount $6,297
Tax Year 2024
Lot Size 6,005 Sqft
Property 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.
Location
State FL
County Broward
Area 3400
Zoning RDS-15
Interior
Heating Window/Wall
Cooling Wall-Win A/C
Flooring Terrazzo Floor
Exterior
Exterior Feature Fence,None,Open Patio,Room for Pool
Community Features Sold As-Is
Utilities Available Cable,Electric,Public Sewer,Public Water
Amenities Available None
Waterfront Description None
View City,Garden
Roof Type Tar/Gravel
Building
Lot Description < 1/4 Acre
Story 1.0
Foundation CBS,Stucco
Others
Acceptable Financing Cash,Conventional,VA
Listing Terms Cash,Conventional,VA