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$470,000
1023 NW 2nd Avenue
Fort Lauderdale, FL 33311
MLS# F10475001
Status: Closed
3 beds  |  2 baths


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Property Description
Price Adjusted! Investor’s Dream Opportunity in Fort Lauderdale! Over-sized lot in a prime location near Downtown Fort Lauderdale, perfect for savvy investors seeking a value-add project. Currently a single-family home with a separate studio, the property has permit issues requiring the removal of the second kitchen and restoring it to a single-family layout (plans available). Located in an Opportunity Zone. Act fast! Priced to reflect needed work, this rare opportunity won’t last long. Bonus: Seller-provided single family conversion plans, or plans for a fourplex of 3 Bedroom units can be included ideal for the lot’s size and zoning. Don’t miss this chance to flip, generate rental income, or develop in a high-demand area. Contact us today for details and a private showing!

Details
Maps
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Occupant Type: Vacant
Listing Date: 2024-12-06
Status: Closed
Original List Price: 549500
Sold Price: $470,000
Current Price: $470,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Fort Lauderdale
Postal Zip: 33311
Geographic Area: FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Country: United States
Street Number: 1023
Street Direction Prefix: NW
Street Name: 2nd
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33311
Postal Code +4: 6229
Subdivision Name: Progresso 2-18 D
Area: 3390
Parcel Number: 494234049430
Zoning: RMM-25
Directions: From Sunrise and I95 go east to Andrews Ave north to NW 11th west to NW 2nd south home is on your right.
General Property Information
Living Area Main: 1285
Gated Community YN: No
Lot Size Area: 13493
Senior Community YN: No
Stories Total: 1
Stories: 1
Pool Private YN: No
Guest House YN: No
Year Roof Installed: 2023
LP/Assessed Value: 1.7
Property Sub Type: Single Family Residence
Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Year Built: 1948
Direction Faces: East
Financial Information
Membership Fee Required YN: No
Tax Assessed/SOH Value: 311130
Assessor Market Value: 311130
Tax Annual Amount: 6477
Tax Year: 2023
Tax Legal Description: PROGRESSO 2-18 D LOTS 11 THRU 14 BLK 189
Office/Member Information
DXORIGMLSID: FLL
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2025-05-05T16:39:50Z
Major Change Type: Status Change
Price Change Timestamp: 2025-03-05T18:02:12Z
Status Change Date: 2025-05-07
Under Contract Date: 2025-03-24
Close Date: 2025-05-05
Close Price: 470000
Amenities
None: 1
Dining Area
Other: 1
Flooring
Other: 1
Parking Features
On Street: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Co-Ownership
Property Management YN: No
Other Structures
Outbuilding: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Special Information
Handyman Special: 1
Potential Tear Down: 1
Sold As-Is: 1
Utilities
Cable Available: 1
Heating
None: 1
Appliances
Other: 1
Interior Features
Other: 1
Levels
One: 1
Listing Terms
Cash: 1
Other Equipment
Other: 1
Roof
Composition: 1
Shingle: 1
Other: 1
Water Source
Public: 1
Cooling
Ceiling Fan(s): 1
Showing Requirements
Showing Service: 1
Main Level Rooms
Main Level Bathrooms: 2
Main Level Bedrooms: 3
Master Bedroom/Bath
None: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Restrictions
No Restrictions: 1
Tax Information
Tax Reflects No Exemptions: 1
Contingencies
Inspection: 1
Concessions
Seller Concessions: Yes
Seller Concessions Amount: 25000
Price Calculations
Current Price To SqFt: 365.76
Original List Price To Close Price: 0.85
Section Details
Parcel Number MLX: 9430
Acreage Description
Less Than 1/4 Acre Lot: 1
Originating Details
Originating System Key: 591035926
Originating System ID: M00000170
Property Features
Dining Area: Other
Flooring: Other
Parking Features: On Street
Property Condition: Resale
Appliances: Other
Cooling: Ceiling Fan(s)
Heating: None
Interior Features: Other
Levels: One
Listing Terms: Cash
Other Equipment: Other
Other Structures: Outbuilding
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Composition; Shingle; Other
Sewer: Public Sewer
Special Information: Handyman Special; Potential Tear Down; Sold As-Is
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Available
Water Source: Public
Showing Requirements: Showing Service
Contingencies: Inspection
Acreage Description: Less Than 1/4 Acre Lot

IDX
Listing Office: Century 21 Tenace Realty Inc

Last Updated: September - 09 - 2026

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