Progresso

Highlights:

• Lot Features: Regular Lot
• Documents Available: Copy Of Lease(S), Rent Rolls
• Architectural Style: Attached
• Cooling: Central Air
• Heating: Central
• Flooring: Tile
• Construction Materials: Concrete Block Construction

Description:

Income-producing duplex located at 700–702 NW 18th St in Fort Lauderdale. This multifamily property features two units, each offering 3 bedrooms and 2 bathrooms, for a total of 6 bedrooms and 4 bathrooms, with 2,024 sq ft of living area.

Unit 700 generates $3,850 per month and unit 702 generates $3,800 per month, for a total monthly income of $7,650. All tenants are on month-to-month agreements. Both primary bedrooms on each side offer private entrances and en-suite bathrooms.

Major capital improvements have been completed, including roof replacement in 2020, HVAC updates (2023 for unit 700 and 2022 for unit 702), electrical upgrades in 2023, and a paved and sealed driveway completed in 2024. Each unit includes a new large washer and dryer. Parking available for 6+ vehicles.

Offered at $875,000. Excellent opportunity for investors seeking stable income in an established Fort Lauderdale rental market.

For more information contact Melissa Tejada (305) 725-3435 or Bryan Perez (305) 457-5107

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Listing ID: A11940088