$840,000
Fort Lauderdale, FL 33308
MLS# A11410574
Status: Closed
1865 sqft
1 / 23
Property Description
BACK ON THE MARKET!!! Welcome to this fantastic Fort Lauderdale opportunity! This legal duplex offers versatility and great potential. The first unit has been cleverly converted from a 2-bedroom, 2-bathroom to a one-bedroom apartment and an additional efficiency unit. The second unit is large with a gourmet style open kitchen. Perfect for maximizing rental income or accommodating extended family. Enjoy the spacious patio area with a heated pool. Situated on a tranquil street, this property is conveniently located just a short 5-minute drive from the beach. Generating an impressive annual revenue of nearly $115,000, this fully furnished property is primed for seamless continued operation as a short-term rental or just move in yourself.
Details
Maps
Documents
Contract Information
Comp Sale YN: No
Listing Date: 2023-06-27
Status: Closed
Original List Price: 850000
Sold Price: $840,000
Current Price: $840,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Fort Lauderdale
Postal Zip: 33308
Geographic Area: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Subdivision Number: 6
Flood Zone: X
Country: United States
Street Number: 5423
Street Direction Prefix: NE
Street Name: 22nd
Street Suffix: Terrace
State Or Province: FL
Postal Code: 33308
Postal Code +4: 3200
Subdivision Name: CORAL RIDGE ADD
Area: 3240
Parcel Number: 494213062580
Zoning: RD-15
General Property Information
Number Of Units Total: 3
Adjusted Area Main: 1865
Living Area Main: 1865
Parking Total: 5
Stories Total: 1
Pool Private YN: Yes
Property Sub Type: Triplex
Building Area Main: 1865
Year Built: 1959
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2023-10-06T22:25:32Z
Major Change Type: Status Change
Status Change Date: 2023-10-10
Under Contract Date: 2023-09-08
Close Date: 2023-10-06
Close Price: 840000
Flooring
Tile: 1
Property Condition
New Construction: 1
Documents Available
Other Available Information: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Central: 1
Separate Meters: 1
Construction Materials
Block: 1
Listing Terms
Cash: 1
Conventional: 1
Pool Features
Heated: 1
In Ground: 1
Roof
Concrete: 1
Income and Expenses
Gross Income: 9505
Cooling
Central Air: 1
Showing Requirements
Showing Service: 1
Tax Information
Tax Reflects No Exemptions: 1
Contingencies
Inspection: 1
Buyer Details
Intended Use: Investment
Concessions
Seller Concessions: No
Unit 1 Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 3525
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Furnished
SqFt: 745
Unit 1 Lease Description
Lease Term: Month To Month
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Family Room: 1
Kitchen: 1
Laundry Room: 1
Unit 2 Appliances
Dishwasher: 1
Disposal: 1
Unit 2 Details
Actual Rent: 3300
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Furnished
SqFt: 700
Unit 2 Lease Description
Lease Term: Month To Month
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
Open Parking: 1
Unit 3 Appliances
Microwave: 1
Unit 3 Details
Actual Rent: 2680
Baths Full: 1
Beds Total: 1
Efficiency YN: Yes
Furnished: Furnished
SqFt: 420
Unit 3 Lease Description
Lease Term: Month To Month
Unit 3 Other Equipment
Air Conditioning Unit: 1
Unit 3 Parking Features
Open Parking: 1
Price Calculations
Current Price To SqFt: 450.4
Section Details
Parcel Number MLX: 2580
Financial Information
Tax Annual Amount: 10105
Tax Year: 2022
Tax Legal Description: CORAL RIDGE ADD B 41-47 B LOT 16 BLK 11
Originating Details
Originating System Key: 383515115
Originating System ID: M00000151
Property Features
Documents Available: Other Available Information
Flooring: Tile
Property Condition: New Construction
Construction Materials: Block
Cooling: Central Air
Heating: Central; Separate Meters
Listing Terms: Cash; Conventional
Pool Features: Heated; In Ground
Possession: Negotiable
Roof: Concrete
Sewer: Public Sewer
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Available
Showing Requirements: Showing Service
Unit 1 Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Family Room; Kitchen; Laundry Room
Unit 2 Appliances: Dishwasher; Disposal
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Open Parking
Unit 3 Appliances: Microwave
Unit 3 Other Equipment: Air Conditioning Unit
Unit 3 Parking Features: Open Parking
Contingencies: Inspection
Short-term rental revenue with Owner pay 
Listing Office: LoKation
Last Updated: August - 11 - 2026
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