$629,000

2610 Riverland Dr Fort Lauderdale, FL 33312

Melrose Manors Neighborhood

Estimated payment $4,132/month

Total Views 143
-- Bed
-- Bath
2,099 Sq Ft
$300 Price per Sq Ft

Highlights

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

About This Home

Excellent investment with high cap rate
Oversized duplex generating $5,500/month ($2,600 + $2,900), totaling $66,000/year in gross rental income. Like an ATM for consistent cash flow. Well-maintained with separate electric meters, strong tenants, and low vacancy. 5 parking spaces. Located in a high-demand, rapidly growing Fort Lauderdale area near Walmart, shopping, dining, I-95, and public transit.
Prime location plus strong numbers equals a great opportunity.

Listing Agent

Eyal Melamed

ISRAM Realty & Management License #3365148 Listed on: 08/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,254

Year Built

  • Built in 1985

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,099 Sq Ft Home
  • 1-Story Property
  • Sliding Windows
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Rent includes gardener, water
  • Assessor Parcel Number 504208230160

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Riverland Village Park Condos
  • Riverland Village Park Subdivision

Building Details

  • Operating Expense $23,000
  • Net Operating Income $43,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,254

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1985
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: RIVERLAND VILLAGE PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2099
  • Stories: 1
  • Window Features: Sliding

Exterior Features

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

Garage/Parking

  • Park Building Name: RIVERLAND VILLAGE PARK
  • Total Parking Spaces: 5

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 504208230160
  • Zoning: RD-15

Rental Info

  • Rent Includes: Gardener, Water

Multi Family

  • Net Operating Income: 43000
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 23000
  • Total Actual Rent: 66000

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8254

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 $8,254 $399,960 -- --
2024 $7,695 $398,380 $18,080 $380,300
2023 $7,695 $330,550 $0 $0
2022 $6,756 $300,500 $0 $0
2021 $6,188 $273,190 $18,080 $255,110
2020 $5,321 $243,220 $18,080 $225,140
2019 $4,788 $267,900 $18,080 $249,820
2018 $4,024 $216,000 $18,080 $197,920
2017 $3,817 $163,600 $0 $0
2016 $3,616 $148,730 $0 $0
2015 $3,124 $135,210 $0 $0
2014 $2,906 $122,920 $0 $0
2013 -- $116,870 $18,080 $98,790
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 For Sale $629,000 +141.9% $300 / Sq Ft
06/08/2020 06/08/20 Sold $260,000 -14.8% $127 / Sq Ft
05/09/2020 05/09/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $305,000 +95.5% $150 / Sq Ft
09/13/2013 09/13/13 Sold $156,000 -2.4% $74 / Sq Ft
08/14/2013 08/14/13 Pending -- -- --
08/08/2013 08/08/13 For Sale $159,900 +21.1% $76 / Sq Ft
12/17/2012 12/17/12 Sold $132,000 -14.8% $63 / Sq Ft
11/17/2012 11/17/12 Pending -- -- --
05/30/2012 05/30/12 For Sale $155,000 -- $74 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $260,000 Florida Title Center Llc
Warranty Deed $156,000 Mellex Title Services Llc
Warranty Deed $132,000 Attorney
Quit Claim Deed $29,300 --
Warranty Deed $86,000 --
Warranty Deed $60,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,000 New Conventional
Previous Owner $92,000 Commercial
Previous Owner $55,000 Credit Line Revolving
Previous Owner $130,800 Commercial
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11851140

MIAMI REALTORS® MLS

APN: 50-42-08-23-0160

Florida Broward County Fort Lauderdale 33312 Melrose Manors

2610 Riverland Dr, Fort Lauderdale, FL

This home is located at 2610 Riverland Dr, Fort Lauderdale, FL 33312 and is currently priced at $629,000, approximately $299 per square foot. This property was built in 1985. 2610 Riverland Dr is a home located in Broward County with nearby schools including Riverland Elementary School, New River Middle School, and Stranahan 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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Eyal Melamed
Listing Agent
Eyal Melamed
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ISRAM Realty & Management
(754) 315-0271