$475,000 ($475.00 per sqft)

Est. Mortgage $2,340/mo *

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1429 N Andrews Avenue, Fort Lauderdale, FL, 33311

1429 N Andrews Avenue, Fort Lauderdale, FL, 33311

2 beds

2 Full baths

1955

1,000 sqft

Prime Investment Opportunity in Fort Lauderdale's Thriving Neighborhood!Welcome to 1429 N Andrews Ave, Fort Lauderdale, FL 33311, a versatile and well-maintained duplex that's perfect for the savvy investor. This property features all impact windows for enhanced safety and noise reduction, a durable 2011 roof, and low-maintenance terrazzo flooring throughout. Each unit comes complete with private patios and in-unit laundry for added convenience and tenant satisfaction.With separate electric meters for each unit and new leases secured until the end of October 2025, this duplex offers stable rental income and a CAP rate of 7.8% (including lawn care and water). The owner pays a $160/month water bill for both units, keeping operating costs manageable.


Status:

Active

Type:

Multi-family

Furnished Remarks:

No

Units:

2

Zoning:

RDS-15

Subdivision:

PROGRESSO

Heating:

Window/Wall

Cooling:

Wall-Win A/C

Levels:

1

Parking:

Space Parking

Est. Taxes:

$6,298

Construction

CBS,Stucco

Utilities

Cable,Electric,Public Sewer,Public Water

Lot Description:

< 1/4 Acre

View Description:

City,Garden

Amenities:

None

MLS #:

RX-11036604


Community Info

School Info

Walk Score

Yelp


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