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    OFF-MARKET
    Small apartment buildings

    1430 27Th Ave, Fort Lauderdale, FL 33311

    Built 1978
    Property ID
    US18-5226017
    Property summary
    AI-generated overview

    This 1978-built, single-story duplex in Fort Lauderdale's desirable Washington Park neighborhood presents a compelling investment opportunity. Completely remodeled in 2020 with permits, this property boasts brand new underground pipes, electrical system (including panels), walls, floors, impact windows and doors, and A/C system. Currently configured as a two-unit building, with one 3-bedroom, 1.5-bathroom unit and a 2-bedroom, 1-bathroom unit, it offers significant upside potential. The property features two separate electrical meters and one water meter. Tenants are currently in place on month-to-month leases, and market rents are considerably higher than current rental income. The layout allows for easy conversion into a triplex, further increasing the property's value and income stream. Located in a rapidly developing area, this property offers a strong return on investment and the potential for substantial future appreciation. Serious inquiries only, proof of funds or debt-to-income ratio required for showings. Do not disturb tenants. Asking price: $545,000. Address: 1430 NW 27th Ave, Fort Lauderdale, FL 33311.

    Property profile
    Verified
    Property type Small apartment buildings
    Year built 1978
    UPID US18-5226017
    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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