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Exceptional income-producing opportunity located in one of Fort Lauderdale’s most desirable and rapidly developing districts. This fully rentable duplex features two spacious 2-bedroom, 1-bath units, each with private entrances, open living areas, and separate electric meters. Both units offer full flexibility for placing new tenants at market rent or for an owner-occupant seeking income offset.
The property is positioned in prime location just minutes from Las Olas Boulevard, Downtown Fort Lauderdale, Riverwalk, Broward Health Medical Center, the Brightline station, major employment centers, and the beaches. This central location continues to experience strong demand from residents seeking convenience, access, and proximity to Fort Lauderdale’s business, entertainment, and waterfront districts.
Surrounding neighborhoods—including Sailboat Bend, Riverside Park, and River Oaks—have seen consistent redevelopment, new construction activity, and steady appreciation, contributing to a highly stable rental market. Easy access to I-95, 595, US-1, and Broward Boulevard enhances commuter convenience and supports long-term tenant demand.
With limited small-multifamily inventory available and ongoing growth throughout the downtown corridor, this duplex presents a rare opportunity to secure a versatile, well-located asset with excellent long-term potential. A strong option for investors or owner-occupants looking to benefit from Fort Lauderdale’s continued expansion and rental strength.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$929,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $743,999 | $743,999 | $743,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.353% | 6.121% | 6.038% |
| Monthly Tax Payment | $625 | $625 | $625 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,283 | $4,461 | $6,228 |
| Total Monthly Payment | $5,000 | $5,178 | $6,945 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.