Basic Information
- MLS # F10460139
- Type Duplex
- Status Active
- Subdivision/Complex Progresso 2-18 D
- Year Built 2017
- Total Sqft 3,416
- Date Listed 09/10/2024
- Days on Market 325
Back on the market—buyer’s DSCR loan fell through. Bank appraisal came in at value- RENTAL COMP at 3,200. Above a 5 percent cap rate. Rare investment opportunity to own both sides of a modern 2017-built, fee-simple twin townhouse in booming Progresso Village. Each unit offers 3 beds, 2 baths, impact windows, and 1-car garage. Strong rental comps at $3,200/month and recent lender appraisal at $487K/door. Located in an Opportunity Zone with two separate folios. Surrounded by major developments- $700m - mixed use dev.. Units can also be sold individually at $495K. High rental demand + proven value = strong cash flow & upside. Don’t miss this appreciating asset in one of Fort Lauderdale’s fastest-growing areas. NSURANCE IS LESS 2,500 for the year, Double strapped roof to wall attachments.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Construction Type Block
- Parking Description
- Roof Description Composition, Shingle
- Style Duplex
Interior Features
- Adjusted Sqft 3,416Sq.Ft
- Cooling Description Central Air, Ceiling Fans
- Floor Description Tile
- Heating Description Central
- Sqft 3,416 Sq.Ft
Property Features
- Address 741 NW 2nd Ave
- Aprox. Lot Size 3,496
- City Fort Lauderdale
- Community Features Non Gated
- Construction Materials Block
- County Broward
- Furnished Info no
- Levels One
- Listing Terms Cash, Conventional
- Lot Features Less Than Quarter Acre
- Occupant Type Call Agent
- Pool Features None
- Possession Closing And Funding
- Postal City Fort Lauderdale
- Public Survey Section One
- Public Survey Township 4942
- Roof Composition, Shingle
- Sewer Description Public Sewer
- Stories 1
- HOA Fees $0
- Subdivision Complex
- Subdivision Info Progresso 2-18 D
- Tax Amount $6,776
- Tax Legal desc P R O G R E S S O2-18 D L O T5 B L K284, L E S S E5 F T O F S A I D L O T
- Tax Year 2023
- Terms Considered Cash, Conventional
- Type of Property Duplex
- Year Built Details Resale
741 NW 2nd Ave
Fort Lauderdale, FL 33311Similar Properties For Sale
The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Keyes Company. tel: (954) 467-0105
Real Estate IDX Powered by: TREMGROUP
