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    1018 NW 6Th Ave Fort Lauderdale, FL 33311

    For Sale
    $515,000

    Duplex with income potential near downtown Fort Lauderdale.

    Building Details

    Year built
    1986

    Source: Cosmo International Investment Group Agent Emmanuel Aldabe

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Lauderdale Duplex Investment Opportunity

    This duplex in Fort Lauderdale presents an investment opportunity. The property consists of two units, each featuring 2 bedrooms and 1 bathroom. One unit is currently rented under a Section 8 agreement for $1,750 per month on a month-to-month lease. The second unit is vacant, providing options for owner-occupancy or immediate rental income. Situated in a high-demand rental area, the property offers potential for cash flow and appreciation. The property requires some improvements, making it suitable for investors seeking to add value. The location provides convenient access to downtown Fort Lauderdale, shopping, dining, and major highways.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage 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
    -80.1497319
    Latitude
    26.1374286

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    FAQs

    What type of property is this?
    Duplex - Duplex with income potential near downtown Fort Lauderdale.
    Where is this duplex located?
    The property is located at 1018 NW 6Th Ave Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $515,000.
    What are key features of this property?
    This property features: - High-demand rental area in Fort Lauderdale with strong potential for cash flow and appreciation.; - Duplex with two 2-bedroom, 1-bathroom units.; - One unit currently rented Section 8 for $1,750/month.
    (305) 796-6966
    Request Owner's contact information
    1018 NW 6Th Ave Fort Lauderdale, FL 33311
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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
    1018 NW 6Th Ave Fort Lauderdale, FL 33311
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