1111 SW 2nd Street, Fort Lauderdale, FL 33312 — MLS photo

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1111 SW 2nd Street, Fort Lauderdale, FL 33312

Active · Quadruplex

$1,195,000

1111 SW 2nd Street, Fort Lauderdale, FL 33312

Beds
—
Baths
0
Living area
2,340 sq ft
$ / sq ft
$511/sq ft
Year built
1969
Lot size
—
HOA fee
—
Annual tax
$14,331

About this property

Amazing location in one of the nicest, cleanest parts of historic Sailboat Bend. Currently long-term rentals with an excellent rental history, featuring great tenants and remarkable consistency in occupancy. - Ideal for Airbnb transition or short term Rentals as well, situated on Himmarshee St between Broward Boulevard and Los Olas Boulevard. The property is clean, neat, organized, and very well maintained, with an approximate 3-mile drive to the beach. The area is very safe, and close proximity to the new Police Headquarters . -This property also presents a strong upside for short-term Airbnb stays due to its desirable location and high demand. - Private, fenced lot with beautiful tropical exotics. Central air and heat are well maintained. - Shared property line with a Ten Plex (potentially for sale) on a major corner of Palm Avenue and Broward Blvd. This area is among the most in-demand rental zones in Fort Lauderdale. - Highly walkable neighborhood close to shopping, restaurants, and Classic long-term upside value. - Ten Plex: located at 109 Palm Ave, with strong upside value and solid, classic characteristics.

Property location

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1111 SW 2nd Street, Fort Lauderdale, FL 33312

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Facts & features

Interior

Bathrooms
0
Living area
2,340 sq ft
Flooring
Tile
Cooling
Central Air
Heating
Central, Electric

Exterior & Structure

Property type
Quadruplex
Year built
1969
Stories
1
Architectural style
Fourplex
Roof
Composition, Shingle
Construction
Block, Stucco
Exterior features
Lighting, Other
Pool
None

Parking

Covered spaces
0

HOA, Community & Financials

Pets allowed
No
Annual tax
$14,331
Subdivision
WAVERLY PLACE 2-19 D LOT 5
County
Broward
Days on market
126
MLS listing ID
B26024774
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$808

Cap rate
4.9%
Net yield
4.9%
Cash-on-cash return
-2.9%
Gross yield
7.5%
Mortgage payment
$5,665/mo
Down payment
$298,750
Loan amount
$896,250
Annual NOI
$58,282

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.