1429 N Andrews Avenue Fort Lauderdale, FL 33311

0 Bedroom, 1,000 Sqft, Duplex

AGENT'S REMARKS ABOUT 1429 N ANDREWS AVENUE

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 DETAILS

  • Property Type: Duplex
  • Approx Living Area: 1,000 SqFt
  • Year Built: 1955
  • Lot Size: 6,005 SqFt
  • Age Restrictions: No Hopa
  • County: Broward
  • Area: 3400
  • Subdivision: PROGRESSO
  • Age Restricted: No Hopa
  • Annual Property Taxes: $6,298
  • Repo/Reo: No
  • Short Sale: No

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Listing courtesy of Realty ONE Group Innovation 11.14.2024

If you are interested in this property at 1429 N Andrews Avenue or any other properties in Fort Lauderdale please contact The Rucco Group at (561) 737-0366.