For Sale
$650,000

1620 11Th CtFort Lauderdale, FL 33312

High-Cash Flow Duplex in Fort Lauderdale

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 1-story, 1,399 square foot duplex in the desirable Riverside Park neighborhood of Fort Lauderdale, Florida presents a compelling investment opportunity. Built in 1961, this multifamily property boasts two units currently occupied by long-term tenants, ensuring a stable and consistent cash flow. The asking price is $650,000. Located at 1620 SW 11th Ct, Fort Lauderdale, FL 33312, this property offers convenient access to major roadways like the 195, beautiful beaches, and the vibrant downtown Fort Lauderdale area. The property's classification as an apartment building/duplex/triplex/quadruplex indicates its potential for diverse rental strategies and income generation. The property's single-story design simplifies maintenance and management, while its established tenancy minimizes vacancy risks. This is an ideal opportunity for investors seeking a proven, cash-flowing asset in a prime South Florida location. The property's location in Broward County provides access to a robust local economy and a strong rental market. This well-maintained duplex offers a blend of established income and future potential, making it an attractive addition to any investment portfolio. Serious inquiries are encouraged to explore this promising investment opportunity further.

Highlights

  • 1,399 SF duplex in desirable Riverside Park, Fort Lauderdale.
  • Two units with long-term tenants providing stable cash flow.
  • Asking price: $650,000.
  • Located at 1620 SW 11th Ct, Fort Lauderdale, FL 33312, near major roadways and beaches.
  • Single-story design simplifies maintenance.
  • Strong rental market in Broward County.

Property Details for 1620 11Th Ct

Property type
Apartment buildings, Small apartment buildings
Square Feet
1,399 SF
Year Built
1961
Stories
1

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.107633
Longitude
-80.1637146
1620 11Th Ct, Fort Lauderdale, Florida

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1620 11Th Ct
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