2781 NW 24th Street, Fort Lauderdale, FL 33311

4 bed · 3 bath · 2,222 sqft · Built 1958

INVESTOR'S DREAM — CASH FLOW FROM DAY ONE! This ±2,330 sq ft Fort Lauderdale income property delivers a 7%+ cap rate on actual in-place income (11%+ gross yield) — no proforma, real rents, real leases. 5 bedrooms and 3 baths total on one lot: a spacious 3-bedroom, 2-bath main residence PLUS a non-conforming 2-bedroom, 1-bath rear unit (#B) with its own private entrance — two income streams currently generating $4,200/month ($50,400/year gross) with both leases in place through November 30, 2026. Roof (2008) • A/C (2020) • Solid 1958 concrete block construction • No HOA • No rental restrictions. Hold it as-is for consistent cash flow, or with the right updates and rent repositioning at lease end, push returns even higher. Sold AS-IS. Seller is seeking a CASH buyer with a FAST CLOSING — bring your proof of funds and be ready to move. Don't miss your chance to secure a lucrative investment in a prime location!

Property type

SingleFamilyResidence

Year built

1958

Stories

1

Roof

Shingle

Subdivision

FLAMINGO VILLAGE 1ST ADD

Waterfront

No

Private pool

No

Parcel number

494229080300

Annual tax

$8,516

Fort Lauderdale combines the deep-water Intracoastal grid (Las Olas Isles, Harbor Beach, Seven Isles) with downtown high-rises and burgeoning Flagler Village. Dockable waterfront commands the largest premiums in the county.