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    Apartment buildings

    1519-1521 8Th Ave, Fort Lauderdale, FL 33311

    Built 1969
    Property ID
    Property summary
    AI-generated overview

    This fully renovated duplex in Fort Lauderdale, Florida, presents a compelling investment opportunity. Located at 1519-1521 NW 8th Ave, 33311, this single-story, 1969-built property boasts two spacious units, each featuring four bedrooms and two bathrooms. Both units have been completely upgraded, including remodeled kitchens and laundry rooms, and are equipped with impact windows. All renovations were completed with permits, ensuring a smooth transition for the new owner. One unit is currently occupied, generating a monthly rental income of $3,300. The second unit is vacant, but a prospective tenant is scheduled to move in November. Each unit includes two designated parking spaces. Situated in Broward County, this property offers investors a turnkey solution with immediate income potential and a strong prospect for continued rental growth. The asking price is $825,000. This is an exceptional opportunity to acquire a well-maintained, income-producing asset in a desirable Florida location. The property's strong rental history and recent upgrades make it an attractive investment for both seasoned and novice investors.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1969
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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