Prime Investment Opportunity in Fort Lauderdale’s Thriving Neighborhood Near Las Olas!Welcome to 1429 N Andrews Ave, Fort Lauderdale, FL 33311, a versatile and well-maintained duplex that’s 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.
Property Description
Features
: None
: Wall Furnace
: Wall/Window Unit(s)
: Patio
: Public Sewer
: Cable Available, Electricity Available, Water Available, Sewer Available
: Impact Glass, Blinds
: Patio, None, Fence, Room For Pool, Awning(s)
: Terrazzo
Address Map
US
FL
Broward
Fort Lauderdale
33311
Andrews Avenue
1429
W81° 51' 18.8''
N26° 8' 41.9''
N
USE GPS
3400
Additional Information
1
https://www.propertypanorama.com/1429-N-Andrews-Avenue-Fort-Lauderdale-FL-33311/unbranded
https://www.propertypanorama.com/1429-N-Andrews-Avenue-Fort-Lauderdale-FL-33311/unbranded
: Public
1000
: Non-Gated
: Block
: One
: < 1/4 Acre
< 1/4 Acre
2
2024-11-13
Financial
6298.0
: Maintenance Grounds, Water
Listing Information
: Listed As-Is
2024-11-13T00:00:00Z
276659600
276547391
Cash,Conventional,VA Loan
Active
2024-11-14T15:02:55Z
FTL
1,000
$475,000
Listing ID #R11036604
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : R11036604
Price : $475,000
View : Garden, Water
Square Footage : 1,000
Year Built : 1955
Status : Active
Property Sub Type : Duplex
Roof : Tar/Gravel
Agent info
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