$1,249,000

1121 NE 2nd St, Fort Lauderdale, FL 33301

2,085 sqft

Multi-Family Home
Built in 1959
—— sqft lot
—— car garage
$599/sqft
Listed 24 days ago

Property Description

The best priced multifamily in VP! Corner-lot 4plex with 2 separate and detached duplexes on one lot, just 3 blocks from Las Olas Blvd, beautiful and long-lasting barrel tile roof, updated interiors, private fenced in patios. This income-producing property on a 6,300 sq ft lot. Located minutes from Fort Lauderdale Beach and FLL Airport, in one of the city’s most walkable and desirable neighborhoods. Surrounded by top dining, shops, and entertainment- making it an ideal location for both long-term and short-term tenants, current gross annual revenue $120,000 and a solid 7% CAP rate, reliable cash flow and strong long-term appreciation. VP offers high tenant demand and low vacancy rates. Development opportunity, Zone RML-25 Residential Multifamily Low Rise/Medium High Density district.

Listing Status:: Active
Date Added:: October 3, 2025 at 05:00AM
Listing Office:: The Keyes Company : 954-467-0105
Listing Agent:: Sandra Panesso : 561-929-3722
MLS ID:: A11858941

Flooring: Ceramic Floor
A/C: Electric
Heating: Window/Wall

Style: AttachedDetachedOld Spanish

Roofing: Slate
General: Concrete Block Construction1

Originating MLS: Miami Association of REALTORS®
County: Broward County

Zoning: RML-25STRANAHANS SUB 3-115 D 2-50-42 LOT 6 BLK G504202060450

Sewer: Public Sewer

Source: Miami Association of REALTORS®

This listing courtesy of Sandra Panesso, The Keyes Company

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Virginia Shuman Young Elementary School

101 NE 11th Ave, Fort Lauderdale, FL, 33301

Grades PK-5

0.12 miles away

Sunrise Middle School

1750 NE 14th St, Fort Lauderdale, FL, 33304

Grades 6-8

1.42 miles away

Sunrise High School

424 W Sunrise Blvd, Fort Lauderdale, FL, 33311

Grades 9-12

1.34 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.