Price: $439,000
MLS Number: A12054277
 Single Family
2781 NW 24th St, Fort Lauderdale, Florida 33311 USA
 Beds: 5
 
 Baths: 3
 
 Living Area: 2,222
 Total Square Feet: 2,330
 
 Lot Square Feet: 6,825
 
 HOA Fees: 
 Year Built: 1958
 
 Community: FLAMINGO VILLAGE 1ST ADD
 
 Subdivision: FLAMINGO VILLAGE 1ST ADD
 Elementary School: Rock Island
 
 Junior High: William Dandy
 High School: Boyd H Anderson
 
About this Property
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!

About the Area

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MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Keller Williams Realty Premier Properties.
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