For Sale
$935,000

1114 2Nd CtWilton Manors, FL 33311

Historic Sailboat Bend, 3x 2/1 Units, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a well-maintained, one-story triplex located in the desirable Sailboat Bend neighborhood of Wilton Manors, Florida. Built in 1987, this property at 1114 SW 2nd Ct, Fort Lauderdale, FL 33311, offers three identical 2-bedroom, 1-bathroom units, each currently occupied by tenants. The asking price is $935,000. All units are individually metered for electricity, with tenants responsible for their own utility costs. Water is covered by the owner. A convenient coin-operated laundry facility is available on-site for tenant use. This turnkey investment property requires minimal management, making it an ideal choice for passive income generation. The property's prime location in the historic Sailboat Bend district offers excellent potential for appreciation and strong rental demand. Given the current occupancy and established rental income stream, this triplex represents a compelling opportunity for investors seeking a stable and profitable addition to their portfolio. Please note that the property is currently occupied, and tenant privacy should be respected.

Highlights

  • Well-maintained, one-story triplex in desirable Sailboat Bend, Wilton Manors.
  • Three identical 2-bedroom, 1-bathroom units, all currently occupied.
  • Asking price: $935,000.
  • Individually metered electricity; owner pays water; on-site coin-op laundry.
  • Turnkey investment with minimal management; strong rental demand and appreciation potential.

Property Details for 1114 2Nd Ct

Property type
Apartment buildings, Small apartment buildings
Year Built
1987
Stories
1

Location Insight

City
Wilton Manors
County
Broward
State
Florida
Latitude
26.142147
Longitude
-80.1763467
1114 2Nd Ct, Wilton Manors, Florida

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1114 2Nd Ct
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