813 SW 29th St, Fort Lauderdale, FL 33315 — MLS photo

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813 SW 29th St, Fort Lauderdale, FL 33315

Active · Triplex

$670,000

813 SW 29th St, Fort Lauderdale, FL 33315

Beds
—
Baths
0
Living area
1,737 sq ft
$ / sq ft
$386/sq ft
Year built
1969
Lot size
—
HOA fee
—
Annual tax
—

About this property

Exceptional investment opportunity in the heart of Fort Lauderdale! This beautifully updated triplex, Three 1 Bedroom 1 Bath units, offers strong income potential with three separate units, making it ideal for investors or owner-occupants looking to offset expenses. Recently renovated and featuring a brand-new roof 2024, new mini splits, new kitchen in each unit, this property provides added value and peace of mind for years to come. Situated in a rapidly growing area near Downtown Fort Lauderdale, Las Olas, Fort Lauderdale International airport, beaches, major highways, dining, and entertainment, this property combines convenience with long-term upside. Each unit offers comfortable living spaces with private entrances and ample parking. The property presents an excellent opportunity for steady rental income, short-term rental potential (subject to local regulations), or future value-add opportunities. Whether you're expanding your portfolio or purchasing your first multifamily property, this triplex is a rare opportunity in a high-demand rental market. Prime location, recent renovations, a new roof, coin washer and dryer room, and income-producing potential make this Fort Lauderdale triplex a must-see! Ready for Airbnb, short or long term lease.

Property location

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813 SW 29th St, Fort Lauderdale, FL 33315

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Facts & features

Interior

Bathrooms
0
Living area
1,737 sq ft

Exterior & Structure

Property type
Triplex
Year built
1969

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
A12024674
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

-$156

Cap rate
5.4%
Net yield
5.4%
Cash-on-cash return
-1.0%
Gross yield
8.9%
Mortgage payment
$3,176/mo
Down payment
$167,500
Loan amount
$502,500
Annual NOI
$36,245

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