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Off Market
$540,000
Listing ID: F10460383
741 Nw 2nd Ave, Fort Lauderdale, FL 33311
3 Beds
2 Baths
1,709 Sqft

Investors Special ! Unique Opportunity to BOTH attached twin homes (2units) in fast developing Progresso Village. The rental market is thriving in the immediate area. Rent both homes on a short or long term basis or live in one and rent the other. 2017 Built that consist identical floor plans. 3/2 with 1,708 Sqft each, updated kitchen/bath, 1 car garage, impact windows. Each home is listed for $540,000. Asking price for both $1,080,000. Avg market rent is $3,300 per home. $6600 total/mo. 5 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.. ACT FAST!

Liz Piedra

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Property Info
Property Type : Single Family Residence
Property Status : Off Market
Listing ID : F10460383
Price : $540,000
Bedrooms : 3
Bathrooms : 2
Square Footage : 1,709 Sqft
Year Built : 2017
Property Details
Pool : No
Garage : Yes
Garage Spaces : 1
Attached Garage : Yes
Flooring : Tile
Appliances : Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator
Appliances : Dishwasher,ElectricRange,ElectricWaterHeater,Microwave,Refrigerator
Attached Garage : Yes
Total Bathrooms : 2
Flooring : Tile
Garage Spaces : 1
Garage : Yes
Pool : No
Features
Heating System : Electric
Cooling System : Central Air
Exterior Features : Other
Interior Features : Vaulted Ceiling(s), Walk-in Closet(s), Living/dining Room, High Ceilings, Bedroom On Main Level
Waterfront : No
Exterior Features : Other
Interior Features : High Ceilings, Bedroom On Main Level, Walk In Closets, Living Dining Room, Vaulted Ceilings
Waterfront : No
Construction Details
Architectural style : One Story
Roof : Composition,Shingle
Construction Materials : Block
Architectural style : OneStory
Construction Materials : Block
Roof : Composition,Shingle
Community
Community Features : Non-gated
Age Restrictive : No
Community Features : Non Gated
Age Restrictive : No
HOA and Financial Details
Special Sale : Listed As-is
Annual Taxes : $6,776
Tax Year : 2023
Available Financing : Cash, FHA, Conventional
Special Sale : Listed As Is
Annual Taxes : $6,776
Tax Year : 2023
Utilities
Sewer Information : Public Sewer
Sewer Information : Public Sewer
Address Info
State : FL
County : Broward
City : Fort Lauderdale
Subdivision : Progresso 2-18 D
Street : 2nd Ave
Street Number : 741
Floor Number : 0
Street Dir Prefix : Nw
Parcel Number : 494234070513
Parcel Number : 494234070513
Street Dir Prefix : Nw
MLS Addon
Agent Name : Dodley Emmanuel
On Market Date : 09/09/2024
Status Change Timestamp : 09/10/2024 11:06:38
On Market Date : 09/09/2024
Photos Change Timestamp : 09/10/2024 14:51:56
Status Change Timestamp : 09/10/2024 11:06:38
Realtor Private Info
Exp Date : 01/30/2025
Private Remarks : See attached for offering memorandum. 739 and 741 2nd are separate folios. Total asking price for both is $1,080,000. $540,000 each. Please do not disturb occupants. The occupants will be out prior to closing. Both units can be rented for $3,300-$3,500 each. Total $6600-$7000. 5 cap rate Proforma. POF for all cash offers, financing offers must include a full updated DU.
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Disclaimer

No guarantee,warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Horizon Palm Realty expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.


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The information being provided by Steller/HCAR/Beaches MLS is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any information relating to real estate for sale referenced on this website comes from Internet Data Exchange (IDX) program of Steller/HCAR/Beaches MLS. Real estate listings held by brokerage firms other than this site owner are market with IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by Steller/HCAR/Beaches MLS.


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