1344 Nw 7th Ter, Fort Lauderdale, FL 33311

$530,000
1,485
SqFt

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Sold Price
$530,000
List Price
$499,999
Closing Date
Jul 24, 2026
MLS
A12009368
Complex Name
Progresso
Status
CLOSED
Type
Multifamily
Living Area
1,485

Property Description

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.

Additional Information

Days on Market
58
Style
Duplex
#Parking Spaces
4
Year Built
1955
Development Name
Progresso
#Stories
1
Construction Type
Concrete Block Construction
Section
34

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Listing Courtesy of Brokernation Real Estate Doral, Contact:

Selling Office: Elite Realty Partners, Inc..