Prime Investment Opportunity in Fort Lauderdales Thriving Neighborhood Near Las Olas!Welcome to 1429 N Andrews Ave, Fort Lauderdale, FL 33311, a versatile and well-maintained duplex thats 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.
- Address 1429 N Andrews Avenue
- City Fort Lauderdale
- County Broward
- Zip 33311
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Price
$475,000
($475 / SqFt) - Status Active
- Subdivision Progresso
- Pets Allowed
- MLS® # 11036604
- Property Type Duplex
- Property Sub TypeDuplex
- Status Active
- Square Feet 1,000
- Year Built 1955
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $6,298
- Tax Year 2024
Fort Lauderdale, FL 33311
Fort Lauderdale, FL 33311
Fort Lauderdale, FL 33311
Fort Lauderdale, FL 33311
Fort Lauderdale, FL 33311
Fort Lauderdale, FL 33311