1042 8Th Ave Fort Lauderdale, FL 33311
- Small apartment buildings
- 2,662 SF
Current Use by Public Records
- Small apartment buildings
Property Details for 1042 8Th Ave
- Year built
- 1981
- Property size
- 2,662 SF
- Property type
- Small apartment buildings
Description
This attractive Fort Lauderdale duplex presents a compelling investment opportunity. Located at 1042 NW 8th Ave, in Broward County, Florida, 33311, this single-story, 2,662 square foot property boasts two units, each featuring three bedrooms and two bathrooms. Built in 1981, the property has undergone significant updates, including a new roof (2018) and newer air conditioning units (2019 & 2024). Modern amenities such as USB-C outlets in every room enhance the appeal. Both units have updated kitchens and bathrooms, with unit one showcasing stylish barn doors in the bedrooms. The property's strong financial potential is further amplified by separate water and electricity meters for each unit, ensuring tenants cover their own utilities and minimizing owner expenses. This low-maintenance investment is ideal for first-time investors or those seeking to expand their portfolio. The asking price is $650,000. This turnkey property offers immediate income generation and significant long-term growth potential. The property's location in Fort Lauderdale provides easy access to local amenities and transportation. This is a rare opportunity to acquire a well-maintained, high-cash-flow generating duplex in a desirable location.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1525615
- Latitude
- 26.1381599
