$729,592
Fort Lauderdale, FL 33311
MLS# F10468911
Status: Closed
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Property Description
Great Investment Opportunity! Fully Rented Fourplex in Prime East Fort Lauderdale–Well Maintained & Professionally managed-All units are currently rented-Tenants pay for electricity (each unit has electric meter) Owner pays water/trash 1 water meter. Ext. recently painted-Zoned as a true fourplex-Fully occupied immediate cash flow: Unit 1: 2Bed/1Bath @ $1,625/mo–Lease through 12/14/2025: Unit 2: 1Bed/1 Bath $1,300/mo–Lease through 9/30/2025: Unit 3: 1Bed/1Bath $1,250/mo–Lease through 1/14/2026: Unit 4: 2Bed/1 Bath $1,750/mo–Lease through 6/14/2025: Do not walk the property–tenants are unaware for sale- Showings ONLY available after an ACCEPTED OFFER-This is a strong income-producing asset in high-demand rental market. Ideal for investors seeking steady returns w/minimal management hassle
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2024-10-29
Status: Closed
Original List Price: 849000
Sold Price: $729,592
Current Price: $729,592
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)
Subdivision Number: 20
Country: United States
Street Number: 1225
Street Direction Prefix: NW
Street Name: 2nd
Street Suffix: Street
State Or Province: FL
Postal Code: 33311
Postal Code +4: 8614
Subdivision Name: SEMINOLE FOREST
Area: 3460
Parcel Number: 504204200360
Zoning: 00
Directions: Map Quest
General Property Information
Number Of Units Total: 4
Living Area Main: 2076
Gated Community YN: No
Stories Total: 1
Pool Private YN: No
LP/Assessed Value: 12.29
Property Sub Type: Quadruplex
Year Built: 1964
Financial Information
Tax Assessed/SOH Value: 62900
Assessor Market Value: 130490
Tax Annual Amount: 8366
Tax Year: 2023
Tax Legal Description: SEMINOLE FOREST 14-16 B LOT 6 BLK 3
Office/Member Information
DXORIGMLSID: FLL
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2025-08-27T18:09:31Z
Major Change Type: Status Change
Price Change Timestamp: 2025-03-18T15:47:08Z
Status Change Date: 2025-08-28
Under Contract Date: 2025-05-26
Close Date: 2025-08-27
Close Price: 729592
Association Fee Includes
Sewer: 1
Trash: 1
Water: 1
Flooring
Carpet: 1
Tile: 1
Property Condition
Resale: 1
Special Information
Sold As-Is: 1
Co-Ownership
Property Management YN: No
Documents Available
Accounting Statements: 1
Copy Of Lease(s): 1
Deposit - Last Months Rent: 1
Deposit - Security: 1
Deposit Held: 1
Rent Rolls: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Window/Wall: 1
None: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Concrete: 1
Water Source
Public: 1
Cooling
Wall/Window Unit(s): 1
Restrictions
Other Restrictions: 1
Tax Information
No Homestead: 1
Outdoor Living Spaces
Balcony: 1
Porch: 1
Contingencies
None: 1
Concessions
Seller Concessions: No
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 1625
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
Unit 1 Lease Description
Currently Leased YN: Yes
Unit 1 Parking Features
Parking Space: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 1300
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
Unit 2 Lease Description
Currently Leased YN: Yes
Unit 2 Parking Features
Parking Space: 1
Unit 3 Appliances
Range: 1
Refrigerator: 1
Unit 3 Details
Actual Rent: 1250
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 0
Unit 3 Lease Description
Currently Leased YN: Yes
Unit 3 Parking Features
Parking Space: 1
Unit 4 Appliances
Range: 1
Refrigerator: 1
Unit 4 Details
Actual Rent: 1750
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 0
Unit 4 Lease Description
Currently Leased YN: Yes
Unit 4 Parking Features
Parking Space: 1
Price Calculations
Current Price To SqFt: 351.44
Original List Price To Close Price: 0.85
Section Details
Parcel Number MLX: 0360
Acreage Description
Less Than 1/4 Acre Lot: 1
Originating Details
Originating System Key: 589401170
Originating System ID: M00000170
Property Features
Association Fee Includes: Trash; Water
Documents Available: Accounting Statements; Copy Of Lease(s); Deposit - Last Months Rent; Deposit - Security; Deposit Held; Rent Rolls
Flooring: Carpet; Tile
Property Condition: Resale
Construction Materials: CBS
Cooling: Wall/Window Unit(s)
Heating: Window/Wall; None
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Restrictions: Other Restrictions
Roof: Concrete
Sewer: Public Sewer
Special Information: Sold As-Is
Tax Information: No Homestead
Utilities: Cable Available
Water Source: Public
Outdoor Living Spaces: Balcony; Porch
Unit 1 Appliances: Range; Refrigerator
Unit 1 Parking Features: Parking Space
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Range; Refrigerator
Unit 2 Parking Features: Parking Space
Unit 3 Appliances: Range; Refrigerator
Unit 3 Parking Features: Parking Space
Unit 4 Appliances: Range; Refrigerator
Unit 4 Parking Features: Parking Space
Contingencies: None
Acreage Description: Less Than 1/4 Acre Lot
Listing Office: E PRO Realty
Last Updated: August - 12 - 2026
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