$775,000

1427 NW 8th Ave Fort Lauderdale, FL 33311

South Middle River Neighborhood

Estimated payment $5,054/month

Total Views 229
-- Bed
-- Bath
2,504 Sq Ft
$310 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

Investor Alert! Don’t miss this rare opportunity to acquire a fully leased, income-producing duplex in the heart of Fort Lauderdale. This well-maintained property features two spacious units, each offering 3 bedrooms and 1.5 bathrooms with updated kitchens and tile flooring throughout. Situated on a large lot with ample parking, this duplex is nestled in a high-demand rental area just minutes from downtown Fort Lauderdale, Las Olas Blvd, and the beaches. A consistent rental history with long-term tenants in place and strong market rents offers excellent cash flow potential from day one.

Listing Agent

Shawn Bhakta

RE/MAX Presidential License #0689782 Listed on: 07/21/2025

RE/MAX Presidential

Co-Listing Agent

Sadie Brahmakshatriya

RE/MAX Presidential License #3327872

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,194

Year Built

  • Built in 1968

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,504 Sq Ft Home
  • 1-Story Property

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Progresso Condos
  • Progresso Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494234023850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,194

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1968
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Co List Office Mls Id: RMPR01
  • Co List Office Phone: 954-538-9898
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: PROGRESSO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Living Area: 2504
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PROGRESSO
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494234023850
  • Zoning: RDS-15

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 9194

Multi Family

  • Number Of Units In Community: 2

Map

Range of Values:

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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 $9,194 $463,490 $33,740 $429,750
2024 $8,452 $433,820 $33,740 $400,080
2023 $8,452 $384,060 $33,740 $350,320
2022 $6,024 $238,510 $0 $0
2021 $5,642 $216,830 $0 $0
2020 $5,128 $254,120 $33,740 $220,380
2019 $4,251 $223,500 $33,740 $189,760
2018 $3,698 $198,610 $33,740 $164,870
2017 $3,427 $148,100 $0 $0
2016 $3,348 $134,640 $0 $0
2015 $3,187 $122,400 $0 $0
2014 $2,967 $111,280 $0 $0
2013 -- $109,980 $33,740 $76,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Sale $775,000 -- $310 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Butler Title
Interfamily Deed Transfer -- Attorney
Deed $100 --
Warranty Deed $110,000 Columbia Title Services Inc
Special Warranty Deed $71,000 New House Title Llc
Trustee Deed -- Attorney
Warranty Deed $284,900 Universal Land Title Inc
Interfamily Deed Transfer -- Beacon Title Services
Warranty Deed $100 --
Warranty Deed $60,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $444,750 New Conventional
Previous Owner $190,000 Commercial
Previous Owner $82,500 Commercial
Previous Owner $242,165 Commercial
Previous Owner $137,000 Commercial
Previous Owner $61,810 FHA
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11838884

MIAMI REALTORS® MLS

APN: 49-42-34-02-3850

Florida Broward County Fort Lauderdale 33311 South Middle River

1427 NW 8th Ave, Fort Lauderdale, FL

This home is located at 1427 NW 8th Ave, Fort Lauderdale, FL 33311 and is currently priced at $775,000, approximately $309 per square foot. This property was built in 1968. 1427 NW 8th Ave is a home located in Broward County with nearby schools including Thurgood Marshall Elementary School, Sunrise Middle School, and Dillard High School.

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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Shawn Bhakta
Listing Agent
Shawn Bhakta
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RE/MAX Presidential
(754) 266-8678