Rare opportunity to acquire a fully occupied fourplex at 1480 NW 20th Ct, Fort Lauderdale. The property features two 1-bed / 1-bath units, one 1-bed / 1-bath + den, and one studio, generating $6,000 per month with potential to increase to market rents for e

1480 NORTH WEST 20TH CT #4, Fort Lauderdale

$899,000 USD
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Address1480 NORTH WEST 20TH CT #4, Fort Lauderdale
Building NameFT LAUDERDALE ESTATES
Type of PropertyQuadruplex
Property StyleQuadruplex
Price$899,000
Property StatusActive
MLS NumberA11863875
Living Area2187
Year Built1973
Parking Space Number6
Folio Number494228180410
Zoning InformationRM-15
Days on Market25

Detailed Description: Rare opportunity to acquire a fully occupied fourplex at 1480 NW 20th Ct, Fort Lauderdale. The property features two 1-bed / 1-bath units, one 1-bed / 1-bath + den, and one studio, generating $6,000 per month with potential to increase to market rents for even higher returns. Recently upgraded with a new roof, impact windows, central A / C units, and updated electrical panels, it offers low-maintenance and reliable cash flow. Ideally located just 10 minutes to Downtown and Las Olas, with easy access to I-95, Sunrise Blvd, and major retail and dining corridors, this investment provides strong current income and long-term growth potential.

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Address Information
StateFlorida
CityFort Lauderdale
CountyBroward County
Zip Code33311
Address1480 NORTH WEST 20TH CT
Section28
Zip Code (4 Digits)3532
Financial Information
Price$899,000
Price per Foot$0
Folio Number494228180410
Tax Amount$9,415
Tax Year2024
Possession InformationFunding
Full Descriptions
Detailed DescriptionRare opportunity to acquire a fully occupied fourplex at 1480 NW 20th Ct, Fort Lauderdale. The property features two 1-bed / 1-bath units, one 1-bed / 1-bath + den, and one studio, generating $6,000 per month with potential to increase to market rents for even higher returns. Recently upgraded with a new roof, impact windows, central A / C units, and updated electrical panels, it offers low-maintenance and reliable cash flow. Ideally located just 10 minutes to Downtown and Las Olas, with easy access to I-95, Sunrise Blvd, and major retail and dining corridors, this investment provides strong current income and long-term growth potential.
Roof DescriptionFlat Roof With Facade Front, Shingle
Floor DescriptionOther, Tile
Cooling DescriptionCentral Air
Heating DescriptionCentral
Sewer DescriptionPublic Sewer
Property parameters
Living Area2187
Zoning InformationRM-15
Year Built1973
Type of PropertyQuadruplex
StyleQuadruplex
Building NameFT LAUDERDALE ESTATES
Development NameFT LAUDERDALE ESTATES
Construction TypeCBS Construction,Other
Stories Number1.000
Street DirectionNorth West
Parking Space Number6
Listed withFausto Commercial Realty Consultants Inc