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

 

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