739 NW 2nd Ave - Apartments FOR SALE


Fort Lauderdale, FL 33311
$1,060,000 USD
954-893-1342
739 NW 2nd Ave, Fort Lauderdale, FL for Sale
$1,060,000 USD
Apartments - FOR SALE
1/33
null | 5.5% Cap Rate

739 NW 2nd Ave
Fort Lauderdale, FL 33311


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 ! See attachment for offering memorandum..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 $1,060,000. $540,000 per dwelling. Avg market rent is $3,300-$3,500 per home. $7000 total/mo. 5.2 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.. contact Dee Emmanuel 954-648-3423

FOR SALE DETAILS

PRICE

$1,060,000 USD

PRICE/SF

$310 USD /SF

# OF UNITS

2

PRICE/UNIT

$530,000

CAP RATE

5.5%

% 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.