Rare opportunity to acquire income-producing duplex (2 1/1s) w/ additional development capacity in Fort Lauderdales rapidly developing Studio City at over 30% below market value. Keep the existing duplex (w/separate water & electric meters) & add 8 units for 10 units total. Included site plan shows layout, parking, & access. Meeting with city has been held; feasibility & zoning compliance confirmed. Land comps:91k-117k per unit sold, 129k-162k per unit active. Active & sold multifamily comps:200k(not renovated)-320k(renovated) per unit. Subject property: partially renovated duplex + 8 units of buildable land; market value 1.2M. 1 bed rents:1.6k-2.3k/mo. Build cost 1.2M. All in:2M. Projected value:3M+ 1M+ equity. Potential 10% cap. Opportunity zone. Seller will finance.

1219 NE 5th, #1-2 Fort Lauderdale, FL 33304 duplex house for sale with MLS B26033753 located in . Jeśli jesteś zainteresowany kupnem Duplex - 1219 NE 5th, #1-2 Fort Lauderdale, FL 33304, zadzwoń dziś!