1121 Ne 2nd St, Fort Lauderdale, FL 33301
- $1,200,000
- 2,085
- SqFt
- Sold Price
- $1,200,000
- List Price
- $1,249,000
- Closing Date
- Dec 03, 2025
- MLS
- A11858941
- Complex Name
- Stranahans Sub
- Status
- CLOSED
- Type
- Multifamily
- Living Area
- 2,085
Property Description
The best priced multifamily in VP! Corner-lot 4plex with 2 separate and detached duplexes on one lot, just 3 blocks from Las Olas Blvd, beautiful and long-lasting barrel tile roof, updated interiors, private fenced in patios. This income-producing property on a 6,300 sq ft lot. Located minutes from Fort Lauderdale Beach and FLL Airport, in one of the city’s most walkable and desirable neighborhoods. Surrounded by top dining, shops, and entertainment- making it an ideal location for both long-term and short-term tenants, current gross annual revenue $120,000 and a solid 7% CAP rate, reliable cash flow and strong long-term appreciation. VP offers high tenant demand and low vacancy rates. Development opportunity, Zone RML-25 Residential Multifamily Low Rise/Medium High Density district.
Additional Information
- Days on Market
- 24
- Style
- Quadruplex, Fourplex
- #Parking Spaces
- 6
- Year Built
- 1959
- Development Name
- Stranahans Sub
- #Stories
- 1
- Construction Type
- Concrete Block Construction
Mortgage Calculator
Listing Courtesy of The Keyes Company, Contact:
Selling Office: Douglas Elliman.