HOMES BY DARCI
Southern Key Realty
1344 NW 7th Terrace Fort Lauderdale FL 33311
Address
1344 Nw 7th Terrace, Fort Lauderdale, FL
Price
$ 525,000
Property Attributes
- MLS#A12009368
- TypeSingle Family
- Listing Status Active
- CountyBroward
- CityFort Lauderdale
- Area3390
- NeighborhoodPROGRESSO
- Zip33311
- Style
- Year Built1955
- Taxes$ 10267
- Price$ 525,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1485
Data Source:
Beaches MLS (FL)
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Thurgood Marshall Elementary School | Sunrise Middle School | Dillard 6-12 High School |
| Price History | |
|---|---|
| 6/11/2026 | Listed $525,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | Central,Electric,SeparateMeters |
| Cooling | CentralAir,Electric |
| Utilities | CableAvailable |
| Possession | Negotiable |
| Roof | Shingle |
| Construction Materials | Block |
| Year Built | 1955 |
| Property Subtype | Duplex |
| Tax Year | 2025 |
| Gross Income | 4350 |
| County | Broward |
| Property Type | ResidentialIncome |
| Subdivision Name | PROGRESSO |
| Status | Active |
| High School | Dillard 6-12 |
| City | Fort Lauderdale |
| Disclosures | OwnerIsListingAgent |
| Number Of Units Total | 2 |
| MLS Area | 3390 |
| Elementary School | Thurgood Marshall |
| Tax Annual Amount | 10267 |
| Middle/Junior High School | Sunrise |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A12009368 |
| Standard Status | Active |
| Property Sub Type Additional | Duplex |
| PostalCity | Fort Lauderdale |
| Legal Description | PROGRESSO 2-18 D LOT 24 BLK 74 |
Interior Features
| Flooring | Laminate |
|---|---|
| Total Stories | 1 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
Exterior Features
| Total Parking | 4 |
|---|---|
| Building Area Total | 1485 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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