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$530,000
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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.
Full Property Details
Full Property Details for 1344 NW 7th Terrace
General
- Sold For: $530,000
- Taxes: $10,267 (2025)
- Status: Closed
- Type: Duplex
- Source: Greater_Miami
- MLS ID: A12009368
- Added to Site: 119 day(s) ago
Rental Information
- Rent Includes: Sewer, Trash Collection, Water
Parking
- Total Spaces: 4
Location
- Area: Progresso
- County: Broward County
- Subdivision: PROGRESSO
- Building Name: PROGRESSO
Community
- Community Name: Progresso
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Attached
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 1485
- Square Feet: 1,485
- Living Area: 1,485 Sq. Ft.
- Year Built: 1955
Unit Information
- Units in Complex: 2
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Potential Use: Unknown/Withheld
- Zoning: RDS-15
Financial Considerations
- Price Per Sq. Ft.: $356.9
- Tax Amount: $10,267
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA
Disclosures and Reports
- Documents Avail.: Deposit - Last Months Rent, Deposit - Security, Copy Of Lease(S)
- Legal Description: PROGRESSO 2-18 D LOT 24 BLK 74
- Property ID: 494234024740
Listed by Brokernation Real Estate Doral
Sold by Elite Realty Partners, Inc.
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Schools
Schools serving 1344 NW 7th Terrace
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Thurgood Marshall Elementary School 800 Northwest 13th Street, Fort Lauderdale, FL 33311 | PK-3 | 0.2 mi |
Dillard High School 2501 Northwest 11th Street, Fort Lauderdale, FL 33311 | 9-12 | 1.6 mi |
Sunrise Middle School 1750 Northeast 14th Street, Fort Lauderdale, FL 33304 | 6-8 | 1.8 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 1344 NW 7th Terrace
Date
Details
Price
Change
Source
7/24/2026
Sold
$530,000
6%
MLS
6/11/2026
Price Reduced
$499,999
-4.76%
MLS
4/28/2026
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1344 NW 7th Ter, Fort Lauderdale, FL 33311 (MLS# A12009368) is a Duplex property that was sold at $530,000 on July 24, 2026. Want to learn more about 1344 NW 7th Ter? Do you have questions about finding other Duplex 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.

