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    1132 NW 2Nd St Fort Lauderdale, FL 33311

    For Sale
    $880,000

    Four-unit property near downtown Fort Lauderdale with strong rental demand.

    Building Details

    Year built
    1961

    Source: Fausto Commercial Realty Consultants Inc Agent Elior Levi

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

    Overview

    Fort Lauderdale Multifamily Investment Opportunity

    This well-maintained four-unit multifamily property is located in Fort Lauderdale. Each of the four apartments features two bedrooms and one bathroom. The units have separate electric and water meters, allowing tenants to pay all utilities. The property is situated minutes from Downtown Fort Lauderdale, Las Olas, Brightline, and major highways, with Fort Lauderdale Beach a short drive away. It is located in a rapidly improving area with strong rental demand, making it suitable for buy-and-hold and cash-flow investors.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1571782
    Latitude
    26.1235427

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property near downtown Fort Lauderdale with strong rental demand.
    Where is this quadplex located?
    The property is located at 1132 NW 2Nd St Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $880,000.
    What are key features of this property?
    This property features: - Four spacious 2-bedroom, 1-bath apartments in a single property.; - Tenants pay all utilities, with separate electric and water meters for each unit.; - Prime location: Minutes from Downtown Fort Lauderdale, Las Olas, Brightline, and major highways.
    (954) 743-7594
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    1132 NW 2Nd St 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
    1132 NW 2Nd St Fort Lauderdale, FL 33311
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