Technical
Financial
Distress signals
Property profile

1114 2Nd Ct Wilton Manors, FL 33311

OFF-MARKET
Apartment buildings
Built 1987
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a well-maintained, one-story triplex located in the desirable Sailboat Bend neighborhood of Wilton Manors, Florida. Built in 1987, this property at 1114 SW 2nd Ct, Fort Lauderdale, FL 33311, offers three identical 2-bedroom, 1-bathroom units, each currently occupied by tenants. The asking price is $935,000. All units are individually metered for electricity, with tenants responsible for their own utility costs. Water is covered by the owner. A convenient coin-operated laundry facility is available on-site for tenant use. This turnkey investment property requires minimal management, making it an ideal choice for passive income generation. The property's prime location in the historic Sailboat Bend district offers excellent potential for appreciation and strong rental demand. Given the current occupancy and established rental income stream, this triplex represents a compelling opportunity for investors seeking a stable and profitable addition to their portfolio. Please note that the property is currently occupied, and tenant privacy should be respected.

Property profile

Verified
Property type Apartment buildings
Year built 1987

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1114 2Nd Ct Wilton Manors, FL 33311
Wilton Manors metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1114 2Nd Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message