Cozy Fort Lauderdale Home with Investment Potential!
Asking Price: $280,000
Here’s an excellent opportunity to own an affordable 2-bedroom, 1-bathroom single-family home at 1408 NW 6th St, Fort Lauderdale, FL 33311. Built in 1950, this 722 sqft residence offers a chance to invest in a growing Fort Lauderdale neighborhood, with an estimated refinance payment of $1,438/mo.
Key Features:
- Affordable Entry: At $280,000, this home is significantly below the median home sold price in the 33311 zip code ($399,000 in May 2025) and offers an accessible entry point into the competitive Fort Lauderdale market.
- Compact & Functional: The 722 sqft layout provides a practical and manageable living space for individuals or a small household.
- Established Neighborhood: Built in 1950, this concrete block home is situated on a 3,977 sqft lot in the Dorsey-Riverbend neighborhood, an area that offers proximity to the vibrant heart of Fort Lauderdale.
- Positive Market Trend for 2-Bedroom Homes: While the overall Fort Lauderdale market is currently a Buyer’s Housing Market, indicating more inventory and potential for negotiation, 2-bedroom homes specifically in the 33311 zip code have seen a +7.2% increase in median sold price year-over-year as of May 2025. This suggests a healthy demand and appreciating value for properties of this size.
- Fort Lauderdale Lifestyle at Your Fingertips: Enjoy convenient access to all the best of Fort Lauderdale:
- Downtown & Beaches: Just a short drive to vibrant Downtown Fort Lauderdale, Las Olas Boulevard’s shops and dining, and the beautiful Fort Lauderdale beaches.
- Cultural & Recreational Hubs: Close to the Museum of Discovery and Science, Hugh Taylor Birch State Park, and various other parks and cultural attractions.
- Excellent Connectivity: Easy access to Fort Lauderdale/Hollywood International Airport and major roadways for commuting throughout South Florida.
- Investment Potential: With its attractive price point and positive appreciation for 2-bedroom homes in the area, this property presents a compelling investment opportunity, whether for personal residence, renovation, or rental income. The home’s tax assessment has shown consistent increases in recent years.
- No HOA Fees: Enjoy the freedom of homeownership without the burden of association fees.
Important Considerations:
- Size: At 722 sqft, this is a smaller home, which may suit specific buyer needs.
- Age of Property: As a home built in 1950, it is advisable for prospective buyers to conduct thorough inspections to assess any potential renovation or update needs.
- Neighborhood Feedback: While the area offers convenience, some past resident comments on online forums suggest a varied perception of safety in certain parts of Dorsey-Riverbend. Buyers should visit the area at different times to assess their comfort level.
This property offers a unique chance to own a piece of Fort Lauderdale at an accessible price. It’s ideal for those looking for a compact home with strong investment potential in a dynamic South Florida city.
Priced at $280,000 – don’t miss out on this opportunity! Schedule your private showing today.
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