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About This Property
5.09% ROI! Incredible investment opportunity just steps from Wilton Manors—one of South Florida’s most desirable and rapidly growing rental markets. This fully rented duplex produces $4,150/month with an estimated 5% cap rate, offering immediate cash flow with long-term upside. Each unit has its own washer/dryer, water heater, private electric meter, and spacious backyard—ideal for tenants seeking comfort and privacy. Recent updates include PVC plumbing (no cast iron), no cloth wiring, and newer appliances. Located minutes from Las Olas, Fort Lauderdale Beach, Sistrunk Marketplace, Flagler Village, and major retailers like Publix and Home Depot. Long-term tenants in place with active leases. Whether you're looking for a strong ROI, a 1031 exchange, or a turnkey asset in a prime location.
Property Features
County
Broward County
Section
34
Area
1523
Subdivision
PROGRESSO
Interior
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Bedrooms
Floors
Terrazzo
Full Baths
Appliances
Heating
Other
Style
Attached
Garage Spaces
Construction/Exterior
CBS Construction
Patio / Deck Description
Patio
Exterior
Has a Pool
Possession
Funding
Lot Size in Acres
Water
Sewer
Other
Lot Size in Sq. Ft.
0
Has Waterfront
No
Parking Description
View
Has Garage
No
Roof/Attic
Shingle
Senior Community
No
Other Utilities
Property Type
Residential Income
Pets
Property SubType 2
Duplex
Tax Year
2024
Year Built
1963
Tax Amount
$9702
APN
NA
Square Feet Source
NA
Map
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