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    1121 NE 2Nd St Fort Lauderdale, FL 33301

    Pending
    For Sale
    $1,249,000

    Fourplex, Quadruplex - Fort Lauderdale, FL

    Type:Quadruplex
    Property size:
    2,085 SF
    Days on Market:
    37
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 1121 NE 2Nd St

    General Information

    Property type
    Residential
    Property subtype
    Quadruplex
    Standard status
    Pending
    Zoning
    RML-25
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    4
    APN
    504202060450
    Parking
    6
    Size
    2,085 SF

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Electric

    Building Details

    Year built
    1959
    Flooring type
    Tile, Tile - Ceramic
    Building materials
    Block
    Roof type
    Slate
    Architectural style
    Other

    Keyes Company Realtors (305) 371-3592 [email protected]

    Listing agent Sandra Panesso (954) 467-0105 License #3246879

    Listing date Oct 31, 2025

    MLS# A11858941 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Lauderdale Fourplex Near Las Olas

    This corner-lot fourplex features two detached duplexes on a single lot. The property is located just three blocks from Las Olas Boulevard in one of the city’s most walkable and desirable neighborhoods. The property features a barrel tile roof, updated interiors, and private fenced patios. Situated on a 6,300 square foot lot, this income-producing property is located minutes from Fort Lauderdale Beach and FLL Airport, and is surrounded by dining, shops, and entertainment. The property is suitable for both long-term and short-term tenants. The current gross annual revenue is $120,000 with a 7% CAP rate. The property is located in an area with high tenant demand and low vacancy rates. Zoned RML-25 Residential Multifamily Low Rise/Medium High Density district, this property also presents a development opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1572345
    Latitude
    26.1205916

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    FAQs

    What type of property is this?
    Quadplex - Income-producing fourplex near Las Olas Blvd in Fort Lauderdale.
    Where is this quadplex located?
    The property is located at 1121 NE 2Nd St Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $1,249,000.
    What are key features of this property?
    This property features: - Prime location: Just 3 blocks from Las Olas Blvd and minutes from Fort Lauderdale Beach and FLL Airport, in a highly desirable, walkable neighborhood.; - Income-producing 4plex: Generates $120,000 gross annual revenue with a solid 7% CAP rate, offering reliable cash flow.; - Development opportunity: Zoned RML-25 Residential Multifamily Low Rise/Medium High Density, presenting potential for future development.
    (954) 467-0105
    Request Owner's contact information
    1121 NE 2Nd St Fort Lauderdale, FL 33301
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    Fort Lauderdale, FL 33301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1121 NE 2Nd St Fort Lauderdale, FL 33301
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