For Sale
$599,000

870 28Th StFort Lauderdale, FL 33315

Modern duplex, high rental income, growth area.

Overview

Added:
Dec 11, 2024
Days on market:
118
This attractive 1978-built, single-story duplex in Fort Lauderdale's desirable Edgewood neighborhood presents a compelling investment opportunity. Located at 870 SW 28th St, 33315, Broward County, Florida, this property offers two spacious 2-bedroom, 1-bathroom units, each currently generating $2,000 in monthly rent for a total of $4,000. The property's proximity to downtown Fort Lauderdale and the airport, coupled with its adjacency to new construction, underscores the area's ongoing development and potential for future appreciation. This is a fantastic opportunity for investors seeking strong cash flow and long-term growth. The property is conveniently situated at 26.088667 latitude and -80.1523079 longitude. Note that there is an option to purchase this duplex along with two adjacent duplexes as a package deal, providing an even more significant investment opportunity. The asking price for this specific duplex is $599,000.

Highlights

  • Attractive 1978-built single-story duplex in Fort Lauderdale's Edgewood neighborhood.
  • Two spacious 2-bedroom, 1-bathroom units, each generating $2,000 monthly rent ($4,000 total).
  • Desirable location near downtown Fort Lauderdale and the airport, in an area with new construction.
  • Asking price: $599,000. Option to purchase with two adjacent duplexes.

Property Details for 870 28Th St

Property type
Apartment buildings, Small apartment buildings
Year Built
1978
Stories
1

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.088667
Longitude
-80.1523079
870 28Th St, Fort Lauderdale, Florida

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870 28Th St
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