$880,000

1132 NW 2nd St Fort Lauderdale, FL 33311

Dorsey Riverbend Neighborhood

Estimated payment $5,467/month

Total Views 91
-- Bed
-- Bath
2,348 Sq Ft
$375 Price per Sq Ft

Highlights

  • Popular Property
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property
  • No HOA
  • Heating Available

About This Home

Investor's dream in Fort Lauderdale! This well-maintained 4-unit multifamily property features four spacious 2-bedroom, 1-bath apartments, each with separate electric and water meters, so tenants pay all utilities and the landlord enjoys low operating expenses. Units offer bright living areas and functional layouts. Ideally located minutes from Downtown Fort Lauderdale, Las Olas, Brightline, major highways, and just a short drive to Fort Lauderdale Beach, this property sits in a rapidly improving area with strong rental demand. Perfect for buy-and-hold and cash-flow investors. Don't miss this opportunity!

Listing Agent

Arun Mohan

Fausto Commercial Realty Consultants Inc License #3623582 Listed on: 11/18/2025

Co-Listing Agent

Elior Levi

Fausto Commercial Realty Consultants Inc License #3574869

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,946

Year Built

  • Built in 1961

Lot Details

  • Property is zoned RMM-25

Parking

  • 4 Parking Spaces

Home Design

  • Tar and Gravel Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,348 Sq Ft Home
  • 1-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 504204010301

Community Details

Overview

  • No Home Owners Association
  • Seminole Add F R Olivers Subdivision

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,946

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1961
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Co List Office Mls Id: FAUS01
  • Co List Office Phone: 786-748-7373
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: SEMINOLE ADD F R OLIVERS
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • CurrentPrice: 880000
  • InternetRemarks: Please visit Fausto Commercial
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 2348
  • Stories: 1

Exterior Features

  • Roof: Tar & Gravel Roof
  • Construction Type: Concrete Block Construction, CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SEMINOLE ADD F R OLIVERS
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 504204010301
  • Zoning: RMM-25

Rental Info

  • Rent Includes: Other Rent Incl

Multi Family

  • Net Operating Income: 56830
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Operating Expense: 15170
  • Total Actual Rent: 72000

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9946

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,946 $411,580 -- --
2024 $8,427 $411,580 $21,000 $339,870
2023 $8,427 $340,160 $0 $0
2022 $7,818 $309,240 $0 $0
2021 $6,946 $281,130 $21,000 $260,130
2020 $5,468 $281,130 $21,000 $260,130
2019 $4,641 $248,870 $21,000 $227,870
2018 $4,013 $224,680 $21,000 $203,680
2017 $3,733 $119,980 $0 $0
2016 $3,576 $109,080 $0 $0
2015 $2,936 $99,170 $0 $0
2014 $2,771 $90,160 $0 $0
2013 -- $91,880 $21,000 $70,880
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2025 11/18/25 For Sale $880,000 -- $375 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- All About Closing Inc
Special Warranty Deed $195,000 New House Title Llc
Special Warranty Deed -- New House Title Llc
Trustee Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Unknown
Previous Owner $185,250 Commercial
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11915976

MIAMI REALTORS® MLS

APN: 50-42-04-01-0301

Florida Broward County Fort Lauderdale 33311 Dorsey Riverbend

1132 NW 2nd St, Fort Lauderdale, FL

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Arun Mohan
Listing Agent
Arun Mohan
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Fausto Commercial Realty Consultants Inc
(754) 290-3690