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For sale
    • Price cut: $65K (4/30)
    $985,000

    1225 NW 2nd St, Fort Lauderdale, FL 33311

    --beds
    --baths
    2,183sqft
    : 
    $6,825/mo
    Get pre-qualified
    Quadruplex
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $451/sqft
    $-- HOA

    What's special

    New water heatersNew flat roofNew stainless steel appliances
    Turnkey 4-unit multifamily offering immediate cash flow at a 6% cap rate, currently generating $83,100 in annual revenue, featuring 2 two-bedroom units and 2 one-bedroom units, with 3 of 4 units fully renovated. Property includes new stainless steel appliances, separate water and electric meters, new water heaters, a new flat roof (2025), assigned parking for each unit, and leases in place with security deposits, all with no open permits and professionally managed. Ideal for a 1031 exchange buyer seeking a clean, stabilized asset with additional upside through renovation of the 4th unit, potential to add on-site laundry, and future rent increases in a desirable and growing area. Water, sewer & trash is $210/mo for all units. Minutes from the I-95, Walmart and other commercial shops along W Broward Dr. Showings subject to accepted offer. Please do not disturb tenants.
    119 days
    |
    42
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Dan Avital 786-692-8144,

    Compass Florida, LLC

    Source: MIAMI,MLS#: A11983486MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Heating
      • None
      Cooling
      • Wall/Window Unit(s)
      Features
      • Flooring: Other
      Interior area
      • Total structure area: 2,183
      • Total interior livable area: 2,183 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      Features
      • Stories: 1
      Lot
      • Features: Less Than 1/4 Acre Lot
      Details
      • Parcel number: 504204200360
      • Zoning: RMM-25

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Quadruplex
      Materials
      • Concrete Block Construction
      • Roof: Other
      Condition
      • Year built: 1960

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Subdivision: Seminole Forest
      HOA
      • Has HOA: No
      Location
      • Region: Fort Lauderdale

      Financial & listing details

      • Price per square foot: $451/sqft
      • Annual tax amount: $11,015
      • Date on market: 3/16/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/30/2026Price change$985,000-6.2%$451/sqft
        Source: MIAMI #A11983486 Report a problem
        3/31/2026Listed for sale$1,050,000+43.9%$481/sqft
        Source: MIAMI #A11983486 Report a problem
        8/27/2025Sold$729,592-5.6%$334/sqft
        Source: BeachesMLS #F10468911 Report a problem
        5/27/2025Pending sale$773,000$354/sqft
        Source: BeachesMLS #F10468911 Report a problem
        3/18/2025Price change$773,000-3.1%$354/sqft
        Source: BeachesMLS #F10468911 Report a problem
        2/26/2025Price change$798,000-3.3%$366/sqft
        Source: BeachesMLS #F10468911 Report a problem
        1/16/2025Price change$824,900-2.8%$378/sqft
        Source: BeachesMLS #F10468911 Report a problem
        11/5/2024Listed for sale$849,000+250.1%$389/sqft
        Source: BeachesMLS #F10468911 Report a problem
        9/21/2016Sold$242,500+56.5%$111/sqft
        Source: BeachesMLS #F10018733 Report a problem
        1/6/2015Listing removed$155,000$71/sqft
        Source: Sterling Castle Real Estate & #F1317771 Report a problem
        11/27/2014Listed for sale$155,000$71/sqft
        Source: Sterling Castle Real Estate & #F1317771 Report a problem

        Public tax history

        Tax history is unavailable.
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Dorsey-Riverbend

        Getting around

        71 / 100
        Very Walkable
        51 / 100
        Good Transit
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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