1344 NW 7th Terrace, Fort Lauderdale, FL 33311

Fort Lauderdale, FL, 33311 · PROGRESSO

$499,999

0 ba · 1,485 sqft

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About this home

Fully renovated duplex on a corner lot priced below appraised value with a recent appraisal at $550,000. This income producing property offers strong returns with over an 8% CAP RATE.Unit 2 is already leased through July 2027, providing stable cash flow from day one. Unit 1 is vacant and move in ready, perfect for owner occupancy or immediate rental income.New roof installed in 2022 and a new AC from 2021. Both units feature laminate flooring throughout, stainless steel appliances, and private laundry rooms.

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