Home » Fort Lauderdale » 1225 NW 2nd Street, Fort Lauderdale, FL 33311 | F10468911

Fourplex (Quadruplex) For Sale 1225 NW 2nd Street, Fort Lauderdale, FL 33311

$824,900
Price has decreased by $24,100

Property Highlights

Listing ID F10468911 Status of this Listing: Active For Sale Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Living Space 2,076 Sqft/192.87 m2 approx. Year Built 1964 Time of this property on Rebonus 72 Day(s)

1225 NW 2nd Street, Fort Lauderdale, FL 33311

Property Description: East Fort Lauderdale "Fully Rented Fourplex For Sale "- Professionally Managed - Tenants Pay Electric (4) Separate Electric Meters - Owner Pays Trash & Water (1 Water Meter). Exterior of Building Just Painted. Zoned as Fourplex: UNIT#1 2/1 $1625/mo. Lease Ends 12/14/25 UNIT#2 1/1 $1300/mo. Lease Ends 9/30/25 UNIT#3 1/1 $1250/mo. Lease Ends 1/14/26 UNIT#4 2/1 $1750/mo. Lease Ends 6/14/25 Most Are Long-term Tenants - No Showing Until We Are Under Contract - Please Do Not Walk Property As Tenants Do Not Know Property Is For Sale.

Useful Info

Previous Asking Price:$849,000
Original List Price:$849,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Lease Details

Rent Includes:
  • Sewer
  • Trash Collection
  • Water

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre

Construction

Year Built Details:
  • Resale
Number of Units Total:4
Architectural
Style:
  • Fourplex
Property Condition:
  • Resale
Levels:One
Construction Materials:
  • Block
Flooring:
  • Carpet
  • Tile
Stories:1

Property Features

Waterfront:No
Roof:
  • Concrete
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)
Heating System:
  • None
  • Wall Furnace

Taxes and Expenses

Tax Annual Amount:$8,366

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects No Homestead Tax

Terms

Documents Available:
  • Financials
  • Rent Rolls
  • Lease
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Subdivision Name:SEMINOLE FOREST
Community Features:
  • Non-gated
Senior Community:No

Parking

Parking Total Spaces:4
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available
Water Source:
  • Public

More Details

Other Information:
Data exchange original Listing NumberF10468911
Type of AssociationNone
Ref1093655655

Zoning and Legal

Tax Legal Description:SEMINOLE FOREST 14-16 B LOT 6 BLK 3
Real Estate Folio Number (Parcel Number):504204200360
Zoning Description:Call

Listing History

Update/EventDate/Days
Published Date:November 5, 2024 3:27 pm
On Market Date:October 29, 2024
Listing Contract Date:October 29, 2024
Price Change Date Time:January 16, 2025 1:40 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:January 16, 2025 1:40 pm
Status Last Changed:November 5, 2024 3:27 pm
Photos Last Modified:November 11, 2024 6:15 pm
Last Modified:January 16, 2025 6:40 pm
Days on the Market Reference Date:January 16, 2025
Days on the Market (updated on Last Modified*):79
Cumulative Days on the Market (updated on Last Modified**):79

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot,
Number of Photos:22
Location:,
Included:,,
Geographical Area:Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Area:3460
Automated Valuation Display:Yes
Courtesy of:E PRO Realty
Universal Property Id:US-12011-N-504204200360-R-N

Location

Show Property Address:Yes
Street Name:2nd Street
Street Number:1225
Street Direction Prefix:NW
Street Address:1225 NW 2nd Street
City : Fort Lauderdale
State : Florida
Zip Code : 33311
County : Broward
Full Address:1225 NW 2nd Street, Fort Lauderdale, FL 33311
Latitude:N26° 7' 25.5''
Longitude:W81° 50' 29.2''

Neighborhood

Postal City:Fort Lauderdale

Property Map