1429 N Andrews AVE, Fort Lauderdale, FL 33311 - MLS#RX-11036604

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Kate Zhurko

kate.zhurko@compass.com +1(954) 734-5980

Listed by Realty ONE Group Innovation

$475,000

Est. payment - /mo

2 Beds

2 Baths

1,000 SqFt

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UPDATED:

11/14/2024 01:12 PM

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

Construction Status Resale

HOA Y/N No

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

Present Use Sold As-Is

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1.0

Foundation CBS, Stucco

Construction Status Resale

Others

HOA Fee Include Lawn Care,Water

Senior Community No Hopa

Restrictions Lease OK

Acceptable Financing Cash, Conventional, VA

Listing Terms Cash, Conventional, VA

Financing Cash,Conventional,VA

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Kate Zhurko

+1(954) 734-5980

Broker Associate | License ID: 3229050

Broker Associate License ID: 3229050

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