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Echelon Collectives Real Estate Firm

concierge@echeloncollectives.com +1(954) 410-5098

$439,000

Est. payment - /mo

5 Beds

3 Baths

2,222 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,222 sqft

Price per Sqft $197

Subdivision Flamingo Village 1St Add

MLS Listing ID A12054277

Style Ranch,One Story

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1958

Annual Tax Amount $8,516

Tax Year 2025

Lot Size 6,825 Sqft

Property Sub-Type Single Family Residence

Property Description

INVESTOR'S DREAM — CASH FLOW FROM DAY ONE! This ±2,330 sq ft Fort Lauderdale income property delivers a 7%+ cap rate on actual in-place income (11%+ gross yield) — no proforma, real rents, real leases. 5 bedrooms and 3 baths total on one lot: a spacious 3-bedroom, 2-bath main residence PLUS a non-conforming 2-bedroom, 1-bath rear unit (#B) with its own private entrance — two income streams currently generating $4,200/month ($50,400/year gross) with both leases in place through November 30, 2026. Roof (2008) • A/C (2020) • Solid 1958 concrete block construction • No HOA • No rental restrictions. Hold it as-is for consistent cash flow, or with the right updates and rent repositioning at lease end, push returns even higher. Sold AS-IS. Seller is seeking a CASH buyer with a FAST CLOSING — bring your proof of funds and be ready to move. Don't miss your chance to secure a lucrative investment in a prime location!

Location

State FL

County Broward

Community Flamingo Village 1St Add

Area 3560

Interior

Interior Features Bedroom on Main Level, Breakfast Area, First Floor Entry, Living/Dining Room

Heating Electric

Cooling Central Air

Flooring Carpet, Tile

Appliance Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer

Exterior

Exterior Feature Fence, Fruit Trees, Shed, Storm/Security Shutters

Pool None

View Y/N No

View None

Roof Type Shingle

Garage No

Private Pool No

Building

Lot Description < 1/4 Acre

Faces Southwest

Story 1

Sewer Public Sewer

Water Public

Architectural Style Ranch, One Story

Additional Building Shed(s)

Structure Type Block

Schools

Elementary Schools Rock Island

Middle Schools William Dandy

High Schools Boyd H Anderson

Others

Pets Allowed Yes

Senior Community No

Restrictions No Restrictions,OK To Lease

Tax ID 494229080300

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Pets Allowed Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11690860

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Miami Association of Realtors (SEFMIAMI MLS)

Listed by Keller Williams Realty Premier Properties

Nearby Locations

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2781 NW 24th St Fort Lauderdale, FL 33311