Property profile

1519-1521 8Th Ave Fort Lauderdale, FL 33311

OFF-MARKET
Apartment buildings
Built 1969
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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

Location

1519-1521 8Th Ave Fort Lauderdale, FL 33311
Fort Lauderdale metro
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Value estimations

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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
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