1519-1521 8Th Ave, Fort Lauderdale, FL 33311
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.