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$985,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 11 days ago
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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.

Full Property Details for 1225 NW 2nd St

General

  • Price: $985,000
  • Taxes: $11,015 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11983486
  • Updated: 6/29/2026
  • Added to Site: 117 day(s) ago

Rental Information

  • Rent Includes: Trash Collection

Interior

  • Flooring: Other

Parking

  • Total Spaces: 4

Location

  • Area: Seminole Forest
  • County: Broward County
  • Subdivision: SEMINOLE FOREST
  • Building Name: SEMINOLE FOREST

Community

  • Community Name: Seminole Forest

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: None

Utilities

  • Sewer: Public Sewer

Structural Information

  • Architectural Style: Other
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction
  • Roof: Other
  • Stories/Levels: 1
  • Building Size: 2183
  • Square Feet: 2,183
  • Living Area: 2,183 Sq. Ft.
  • Year Built: 1960

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: RMM-25

Financial Considerations

  • Price Per Sq. Ft.: $451.21
  • Tax Amount: $11,015
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Copy Of Lease(S), Rent Rolls
  • Legal Description: SEMINOLE FOREST 14-16 B LOT 6 BLK 3
  • Inclusions: None
  • Property ID: 504204200360

Listed by Compass Florida, LLC

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Listing agent

— 1225 NW 2nd St —

  • Compass Florida, LLC

786-692-8144

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1225 NW 2nd St

School District:Broward County School District
NameGradesDistance
North Fork Elementary School
101 Northwest 15th Avenue, Fort Lauderdale, FL 33311
4-50.2 mi
Parkway Middle School, Lauderhill, FL
3600 Northwest 5th Court, Lauderhill, FL 33311
6-82.4 mi
Stranahan High School
1800 Southwest 5th Place, Fort Lauderdale, FL 33312
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1225 NW 2nd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/30/2026
Price Reduced
$985,000
-6.19%
MLS
3/16/2026
Listed
$1,050,000
43.91%
MLS
8/26/2025
Sold
$729,600
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1225 NW 2nd St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,015
11%
$670,040
14%
2024
$9,881
—
$589,940
10%
2024
$9,881
18%
$538,180
50%
2023
$8,366
8%
$357,740
—
2022
$7,763
12%
$357,980
27%
2021
$6,916
17%
$282,290
13%
2019
$5,901
9%
$250,600
5%
2018
$5,433
8%
$238,660
10%
2017
$5,033
58%
$216,970
22%
2016
$3,177
12%
$177,870
157%
2015
$2,829
6%
$69,190
10%
2014
$2,659
26%
$62,900
10%
2013
$2,114
—
$57,190
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Compass Florida, LLC

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1225 NW 2nd St, Fort Lauderdale, FL 33311 (MLS# A11983486) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 1225 NW 2nd St is currently listed for $985,000 and was received on March 16, 2026. Want to learn more about 1225 NW 2nd St? Do you have questions about finding other Multi-Family real estate for sale in Fort Lauderdale? You can browse all Fort Lauderdale real estate or contact a Coldwell Banker agent to request more information.

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