1225 NW 2nd Street, Fort Lauderdale, FL 33311

• 2,183 sqft

Property Description

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.

Listing Status:

Active

Date Added:

March 16, 2026

Data Last Updated:

July 26, 2026 at 7:21AM

Listing Office:

Compass Florida, LLC : 305-315-2396

Listing Agent:

Dan Avital : 786-692-8144

MLS ID:

A11983486

Interior

• Flooring: Other
• A/C: Wall/Window Unit(s)
• Heating: NoneSeparate Meters

Exterior

• Parking: Parking spaces: 4

Construction

• Roofing: Other
• General: Block1

Location

• Originating MLS: BEACH_MIAMI
• County: Broward

Lot

• Zoning: RMM-25SEMINOLE FOREST 14-16 B LOT 6 BLK 3504204200360

Utilities

• Utilities: Cable Available
• Sewer: Public Sewer

Financial

• Source: BEACH_MIAMI