532 19Th AveFort Lauderdale, FL 33311

This exceptional investment opportunity presents a charming duplex located in Fort Lauderdale's burgeoning Sistrunk revitalization area. Built in 1952, this single-story property features two spacious 2-bedroom, 1-bathroom units, each equipped with separate electric meters for efficient utility management. Recent upgrades significantly enhance the property's value and appeal, including a newer roof (installed in 2017), updated kitchen cabinets, and a fresh coat of paint both inside and out. Durable impact windows and doors provide both security and energy efficiency. The property also boasts four mini-split AC units and vinyl flooring throughout, ensuring comfort and low-maintenance living for tenants. The electrical panels have been recently replaced, adding to the overall reliability and safety of the building. This duplex offers a strong potential for long-term growth and profitability, with a projected 8% capitalization rate. The property is currently occupied, and tenant occupancy should not be disturbed. Detailed information regarding the Sistrunk revitalization project is available in supplemental materials. Priced at $649,000, this is a compelling investment opportunity in a rapidly developing area.