$430,000
Fort Lauderdale, FL 33312
MLS# F10222027
Status: Closed
1800 sqft
1 / 10
Property Description
Calling all investors! Cash generating 1800 sqft duplex with 4 beds / 4 baths on about 1/3 Acre perfect for entertaining and pets. $39k in rental income with long term tenants generating $27k in net annual profit (including water, lawn, taxes and insurance) for a 6% cap rate which if leveraged will still put cash in your pocket after paying all expenses and the mortgage. Minutes to all major highways, airport, beach, downtown FTL, Tarpon River Brewing and Riverside Market !
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2020-03-16
Status: Closed
Original List Price: 449000
Sold Price: $430,000
Current Price: $430,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Fort Lauderdale
Postal Zip: 33312
Geographic Area: FTSW - Ft Lauderdale SW (3470-3500;3570-3590)
Country: United States
Street Number: 2000
Street Direction Prefix: SW
Street Name: 9th
Street Suffix: Street
State Or Province: FL
Postal Code: 33312
Postal Code +4: 3274
Subdivision Name: Riverside Park 7-24 B
Area: 3470
Parcel Number: 504209120980
Zoning: RD-15
General Property Information
Number Of Units Total: 2
Living Area Main: 1800
Stories Total: 1
Pool Private YN: No
LP/Assessed Value: 1.52
Property Sub Type: Duplex
Building Area Main: 1800
Year Built: 1987
Financial Information
Tax Assessed/SOH Value: 295850
Assessor Market Value: 295850
Tax Annual Amount: 5609
Tax Year: 2019
Tax Legal Description: RIVERSIDE PARK 7-24 B POR OF LOTS 25,26,27 AND 28 DESC AS FOL:COMM AT SE COR LOT 25, SW 163.01,NW 1.07 TO POB;CONT NWLY 146.5,NWLY,N & NELY
Office/Member Information
DXORIGMLSID: FLL
Status Change Information
Buyer Financing: FHA
Major Change Timestamp: 2020-08-18T04:03:48Z
Major Change Type: Status Change
Price Change Timestamp: 2020-05-25T12:16:23Z
Status Change Date: 2020-08-18
Under Contract Date: 2020-06-11
Close Date: 2020-08-17
Close Price: 430000
Association Fee Includes
Hot Water: 1
Maintenance Grounds: 1
Sewer: 1
Trash: 1
Water: 1
Flooring
Ceramic Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
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
Financial Statement: 1
Investment Analysis: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Central: 1
Electric: 1
Separate Meters: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Roof
Composition: 1
Shingle: 1
Water Source
Public: 1
Cooling
Electric: 1
Tax Information
Tax Reflects No Exemptions: 1
Contingencies
Backup Contract/Call LA: 1
Concessions
Seller Concessions: Yes
Seller Concessions Amount: 12500
Unit 1 Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 1650
Baths Full: 2
Beds Total: 2
Efficiency YN: No
Hotel Room YN: No
SqFt: 900
Unit 1 Lease Description
Currently Leased YN: Yes
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Parking Space: 1
Unit 1 Rooms
Family Room: 1
Kitchen: 1
Laundry Room: 1
Unit 2 Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 2 Details
Actual Rent: 1650
Baths Full: 2
Beds Total: 2
Efficiency YN: No
Hotel Room YN: No
SqFt: 900
Unit 2 Lease Description
Currently Leased YN: Yes
Unit 2 Other Equipment
Air Conditioning Unit: 1
Security Grill Work: 1
Unit 2 Parking Features
Parking Space: 1
Unit 2 Patio/Porch
Patio/Porch: 1
Price Calculations
Current Price To SqFt: 238.89
Original List Price To Close Price: 0.95
Section Details
Parcel Number MLX: 0980
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Income and Expenses
Net Operating Income: 27440
Operating Expense: 10900
Gross Scheduled Income: 38340
Originating Details
Originating System Key: 523418433
Originating System ID: M00000170
Property Features
Association Fee Includes: Hot Water; Maintenance Grounds; Trash; Water
Documents Available: Accounting Statements; Copy Of Lease(s); Deposit - Last Months Rent; Deposit - Security; Financial Statement; Investment Analysis
Flooring: Ceramic Tile
Property Condition: Resale
Construction Materials: CBS
Cooling: Electric
Heating: Central; Electric; Separate Meters
Listing Terms: Cash; Conventional; FHA; VA Loan
Possession: Negotiable
Roof: Composition; Shingle
Sewer: Public Sewer
Special Information: Sold As-Is
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Available
Water Source: Public
Unit 1 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Parking Space
Unit 1 Rooms: Family Room; Kitchen; Laundry Room
Unit 2 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer
Unit 2 Other Equipment: Air Conditioning Unit; Security Grill Work
Unit 2 Parking Features: Parking Space
Contingencies: Backup Contract/Call LA
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Listing Office: LoKation
Last Updated: September - 04 - 2026
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