Property summary
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.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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