1035 8Th Ave Fort Lauderdale, FL 33311

This renovated duplex in Fort Lauderdale, Florida, presents a compelling investment opportunity. Located at 1035 NW 8th Ave, in Broward County, zip code 33311, this property sits on a spacious 13,500 square foot lot and boasts a current monthly income of $5,000. The duplex, built in 1971, is a single-story building featuring two units, each with three bedrooms and 1.5 bathrooms. Recent renovations include updated kitchens with a mix of hardwood and granite countertops, brand new stainless steel appliances, beautiful porcelain flooring, and modern cabinetry. Bathrooms have also been completely updated with new cabinets and vanities. A new roof has been installed, ensuring long-term value. Ample parking is available, with each unit easily accommodating more than four vehicles due to the property's double lot. The property's prime location is just two miles from the vibrant Las Olas district, offering easy access to restaurants, shopping, nightlife, and more, while also providing convenient proximity to I-95. The existing duplex has the potential for expansion; with demolition, the property could accommodate up to four units, significantly increasing its rental income potential. This property offers a blend of immediate income generation and future development possibilities, making it an attractive investment for discerning buyers.