1200 NW 9th St, Fort Lauderdale, FL 33311

Investor Alert! High-Yield Duplex Opportunity in Fort Lauderdale – No HOA!

Unveiling an exceptional investment at 1200 NW 9th St, Fort Lauderdale, FL 33311! This Multi-Family Income / Duplex property, built in 1962, offers significant cash flow potential in Fort Lauderdale’s robust rental market. While the listing specifics may vary, this property generally provides multiple income streams. Historically, this address has shown configuration as multiple units (e.g., two 2-bed/1-bath units) with a combined total of approx. 1,223 sqft, and has recently generated $3,500 per month in rental income (buyer to verify current leases and configuration). Priced at $369,900, it’s a compelling acquisition for savvy investors.

Capitalize on Fort Lauderdale’s strong rental demand and the benefits of owning an income-producing asset with excellent occupancy potential. Situated in an “Opportunity Zone” as per some records, this property may offer potential tax benefits (consult with a tax professional).

A critical advantage is the absence of HOA FEES, drastically reducing your ongoing holding costs and maximizing profitability. Annual property taxes of approximately $4,790 in 2024 (buyer to verify) are reasonable for a multi-family property in this prime location. Located in Flood Zone X (minimal to moderate flood hazard), this investment comes with favorable insurance considerations. Secure this high-performing income property and expand your portfolio in a thriving South Florida market!