1344 NW 7th Ter, Fort Lauderdale, FL 33311
1344 NW 7th Ter, Fort Lauderdale, FL 33311
1344 NW 7th Ter, Fort Lauderdale, FL 33311
28
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$525,000
Est. payment /mo
1,485 SqFt
New

1344 NW 7th Ter Fort Lauderdale, FL 33311

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,485 sqft

Price per Sqft $353

Subdivision Progresso

MLS Listing ID A12009368

HOA Y/N No

Year Built 1955

Annual Tax Amount $10,267

Tax Year 2025

Property Sub-Type Duplex

Property Description

Fully renovated duplex on a corner lot priced below appraised value, recent appraisal came in at $550,000. This property offers strong income potential with over an 8% CAP RATE. Features include a new roof installed in 2022 and a new AC from 2021. Both units offer laminate flooring throughout, stainless steel appliances, and private laundry rooms. One unit is currently vacant, providing flexibility for owner-occupancy or immediate leasing, while the second unit is already leased for instant cash flow.

Location

State FL

County Broward

Community Progresso

Area 3390

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Laminate

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 4

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Others

Tax ID 494234024740

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12009368


Miami Association of Realtors (SEFMIAMI MLS)
Listed by Brokernation Real Estate Doral
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1344 NW 7th Ter