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About This Property
5.86% EST. CAP RATE!! Fully rented duplex near highly desirable Wilton Manors generating $3,600/month in rental income. Tenants pay water and electricity, helping keep owner expenses low and providing immediate income from day one. Each unit offers its own washer/dryer, water heater, separate electric meter and private backyard—features that support tenant privacy and long-term rental appeal. Property features mostly PVC plumbing, no cloth wiring and newer appliances. Long-term tenants are already in place with active leases. Minutes from Wilton Manors, Las Olas, Flagler Village, Sistrunk Marketplace, Downtown Fort Lauderdale and the beach. An attractive opportunity for buy-and-hold or 1031 exchange investors seeking an occupied income-producing asset in a prime Fort Lauderdale 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
2025
Year Built
1963
Tax Amount
$9912
APN
NA
Square Feet Source
NA
Map
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