Brett Colby, Realtor®, Owner

1225 NW 2nd Street Fort Lauderdale, FL 33311

2,183 Sqft, Quadruplex

AGENT'S REMARKS ABOUT 1225 NW 2ND STREET

Turnkey 4-unit multifamily offering immediate cash flow at a 6% cap rate, currently generating $83, 100 in annual revenue, featuring 2 two-bedroom units and 2 one-bedroom units, with 3 of 4 units fully renovated. Property includes new stainless steel appliances, separate water and electric meters, new water heaters, a new flat roof (2025), assigned parking for each unit, and leases in place with security deposits, all with no open permits and professionally managed. Ideal for a 1031 exchange buyer seeking a clean, stabilized asset with additional upside through renovation of the 4th unit, potential to add on-site laundry, and future rent increases in a desirable and growing area. Water, sewer & trash is $210/mo for all units. Minutes from the I-95, Walmart and other commercial shops along W Broward Dr.Showings subject to accepted offer. Please do not disturb tenants.

PROPERTY DETAILS

  • Property Type: Quadruplex
  • Approx Living Area: 2,183 SqFt
  • Year Built: 1960
  • Stories: 1
  • Flooring: Other
  • Roof: Other
  • Total Floors in Building: 1
  • Construction: Block
  • Cooling System: Wall/Window Unit(s)
  • Heating: None, Separate Meters
  • Utility Information: Cable Available
  • County: Broward
  • Area: 3460
  • Subdivision: SEMINOLE FOREST
  • Annual Property Taxes: $11,015
  • Elementary School: North Fork
  • Junior High School: Parkway
  • High School: Stranahan

MAP LOCATION FOR 1225 NW 2ND STREET FORT LAUDERDALE, FL 33311

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Do you have questions about 1225 NW 2nd Street Fort Lauderdale, FL 33311? Contact us for more information and to schedule a tour. Brett Colby Group is a local top real estate service in Palm Beach County, FL.

Brett Colby
5.0 Reviews
Text or call (561) 903-4200
Listing courtesy of Compass Florida, LLC 06.29.2026