Active
1429 N Andrews Avenue
Fort Lauderdale FL, 33311
$475,000
$475.00 per sqft
Active
1,000 sqft
Multi-family
Built in 1955
Prime Investment Opportunity in Fort Lauderdale's Thriving Neighborhood Near Las Olas!Welcome to 1429 N Andrews Ave, Fort Lauderdale, FL 33311, a versatile and well-maintained duplex that's perfect for the savvy investor. This property features all IMPACT WINDOWS for enhanced safety and noise reduction, a durable 2011 roof, and low-maintenance TERRAZZO flooring throughout. Each unit comes complete with private patios and IN-UNIT LAUNDRY for added convenience and tenant satisfaction.With Seperate Electric Meters for each unit and new leases secured until the end of October 2025, this duplex offers stable rental income and a CAP rate of 7.8% (including lawn care and water). The owner pays a $160/month water bill for both units, keeping operating costs manageable.
R11036604
MLSⓇ ID
November 13, 2024
Listed
January 3, 2025
Updated
Map
1429 N Andrews Avenue
Fort Lauderdale FL, 33311
Interior Features
Total Stories
1
Floor Description
Terrazzo
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.14 Acres
Exterior Features
Fence, None, Patio, Room For Pool, Awning(s)
Lot Features
1/4 Acre
Roof
Tar/Gravel
Sewer
Public Sewer
Other Property Details
Area Name
3400
Taxes
$6,298
Tax Frequency
Annually
Days on Market
51
Garage
No
View
Yes
View Description
Garden, Water
County
Broward
Water Source
Public
Pool
Yes
Pool Features
None
Listed by: Realty ONE Group Innovation
Listing Contact:
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Data last updated 7:00 PM UTC, 1/3/2025