741 NW 2nd Ave

Fort Lauderdale, FL 33311

Back on the market—buyer’s DSCR loan fell through. Bank appraisal came in at value- RENTAL COMP at 3,200. Above a 5 percent cap rate. Rare investment opportunity to own both sides of a modern 2017-built, fee-simple twin townhouse in booming Progresso Village. Each unit offers 3 beds, 2 baths, impact windows, and 1-car garage. Strong rental comps at $3,200/month and recent lender appraisal at $487K/door. Located in an Opportunity Zone with two separate folios. Surrounded by major developments- $700m – mixed use dev.. Units can also be sold individually at $495K. High rental demand + proven value = strong cash flow & upside. Don’t miss this appreciating asset in one of Fort Lauderdale’s fastest-growing areas. NSURANCE IS LESS 2,500 for the year, Double strapped roof to wall attachments.

Listing courtesy of The Keyes Company



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Last checked: 2025-08-02 08:14 AM UTC