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Investment Opportunity in the South Middle River area of east Ft Lauderdale, ideal for a live-in & income situation, dual income units or AirBnb. Each unit in the duplex offers 2 bed/2 bath with a shared laundry room in the back. Unit A was updated a few years back to include new windows, Unit B has a long-term tenant who has been in place for over a decade and has not been updated. Both units have newer ACs which were replaced within the last 2-3 years. The age of the roof is unknown at this time. Rents are currently well below market value at $1,450 & $1,400, leases end 11/30/22 & 3/31/23. With a little TLC, these units can lease for well above $2,000/side. If considering the AirBnb route, units in the immediate area are going for $98-$218/night off season (check zoning)Conveniently located within a few miles from the beaches, shopping and restaurants!
Listing information last updated on September 27th, 2022 at 7:45am EDT.
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