739 NW 2nd Ave - Apartments FOR SALE


Fort Lauderdale, FL 33311- Progresso Village
$990,000 USD
954-893-1342
739 NW 2nd Ave, Fort Lauderdale, FL for Sale
$990,000 USD
Apartments - FOR SALE
1/33
null | 5.89% Cap Rate

739 NW 2nd Ave
Fort Lauderdale, FL 33311
Progresso Village


HIGHLIGHTS

  • Fast Developing Area
  • 2017 Built Twin Home
  • Separate Folios- Separate Meter
  • 3bed/2bath , 1709 sqft, 1 car garage each
  • 20 approved/under construction projects in the immediate area
  • Near FatVillage, ThriveArts, Brightline

OVERVIEW

Investors Special ! Unique Opportunity to own BOTH attached twin homes (2units) in fast developing Progresso Village. The rental market is thriving in the immediate area. 2017 Built that consist identical floor plans. 3/2 with 1,708 Sqft each home, updated kitchen/bath, 1 car garage each, impact windows. separate folios and meters. Asking price for both $990,000. $495,000 per dwelling. Avg market rent is $3,500 per home. $7000 total/mo. 6 cap rate, New constructions abounds in the area, fast developing..currently 20 projects under construction includes FAT village, $300 million mixed-use development 2027. Walking distance to Thrive Arts, Fat Village, Flagler Village, and Brightline. This area is booming.. Property is located in a OPPORTUNITY ZONE.. contact Dee Emmanuel 954-648-3423

FOR SALE DETAILS

PRICE

$990,000 USD

PRICE/SF

$290 USD /SF

# OF UNITS

2

PRICE/UNIT

$495,000

CAP RATE

5.89%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,992 SF

ZONING

RMM-25

APN/PARCEL ID

49-42-34-07-0511,49-42-34-07-0513

ASK ABOUT THIS PROPERTY

Ron YanksThe Keyes CompanyMore Info
954-893-1342

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Ron YanksThe Keyes CompanyMore Info
954-893-1342

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.