Fort Lauderdale, FL, 33311
$439,000












+ 26 more photos
INVESTOR'S DREAM — CASH FLOW FROM DAY ONE! This ±2,330 sq ft Fort Lauderdale income property delivers a 7%+ cap rate on actual in-place income (11%+ gross yield) — no proforma, real rents, real leases. 5 bedrooms and 3 baths total on one lot: a spacious 3-bedroom, 2-bath main residence PLUS a non-conforming 2-bedroom, 1-bath rear unit (#B) with its own private entrance — two income streams currently generating $4,200/month ($50,400/year gross) with both leases in place through November 30, 2026. Roof (2008) • A/C (2020) • Solid 1958 concrete block construction • No HOA • No rental restrictions. Hold it as-is for consistent cash flow, or with the right updates and rent repositioning at lease end, push returns even higher. Sold AS-IS. Seller is seeking a CASH buyer with a FAST CLOSING — bring your proof of funds and be ready to move. Don't miss your chance to secure a lucrative investment in a prime location!
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Listing courtesy of Keller Williams Realty Premier Properties, 305-595-2844. Listing information courtesy of the MIAMI Association of REALTORS® IDX feed. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS's IDX Program. This information is being provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.