1429 North Andrews Avenue

Fort Lauderdale, FL 33311

$475,000
Price
Beds
1,000 Sq. Ft.
$475 / Sq. Ft.
1,000
Sq. Ft.
$475
per Sq. Ft.

Description

Prime Investment Opportunity in Fort Lauderdale's Thriving Neighborhood Near Las Olas! Welcome to 1429 N Andrews Ave, Fort Lauderdale, FL 33311, a versatile and well-maintained duplex that's perfect for the savvy investor. This property features all IMPACT WINDOWS for enhanced safety and noise reduction, a durable 2011 roof, and low-maintenance TERRAZZO flooring throughout. Each unit comes complete with private patios and IN-UNIT LAUNDRY for added convenience and tenant satisfaction. With Seperate...Prime Investment Opportunity in Fort Lauderdale's Thriving Neighborhood Near Las Olas! Welcome to 1429 N Andrews Ave, Fort Lauderdale, FL 33311, a versatile and well-maintained duplex that's perfect for the savvy investor. This property features all IMPACT WINDOWS for enhanced safety and noise reduction, a durable 2011 roof, and low-maintenance TERRAZZO flooring throughout. Each unit comes complete with private patios and IN-UNIT LAUNDRY for added convenience and tenant satisfaction. With Seperate Electric Meters for each unit and new leases secured until the end of October 2025, this duplex offers stable rental income and a CAP rate of 7.8% (including lawn care and water). The owner pays a $160/month water bill for both units, keeping operating costs manageable.
  1. Listed by Frankelley Nunez • Realty ONE Group Innovation

Property Details for 1429 North Andrews Avenue

Subdivision
PROGRESSO
Waterfront
No
Waterfront Details
None
View
City, Garden
Style
No Pool/No Water
LISTING UPDATED: 11/14/2024 08:12 AM

Property Details for 1429 North Andrews Avenue

StatusActive
MLS #RX-11036604
Days on Market2
Taxes$6,298 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1955
Lot Size0.14 AC / 6,005 SF
CountyBroward County

Building Information for 1429 North Andrews Avenue

Stories1Residences2Year Built1955Building Size-Lot Size0.14 AC / 6,005 SF

Property Information for 1429 North Andrews Avenue

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: USE GPS
  • Geo Area: Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
  • Special Info: Sold As-Is
  • Street Number: 1429
  • Subdivision Complex Bldg: PROGRESSO
  • Municipal Code: Fort Lauderdale
  • State: FL
  • City Postal ID: 33311
  • MLS Area: 3400
  • MLS Sub Area: FTNW
Parking
  • Carport Spaces: 0
Taxes and HOA Information
  • HOPA: No Hopa
  • Tax Year: 2024
  • Maintenance Fee Incl: Lawn Care, Water
Property
Lot Information
  • Area: 3400
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre
  • Parcel ID: 494234021790
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Special Assessment: No
  • Sq Ft Total: 1,000
  • Square Ft Source: Tax Rolls
  • Zoning: RDS-15
Property and Assessments
  • Legal Desc: PROGRESSO 2-18 D LOT 5 LESS E 15 FOR ST R/W BLK 62
  • Sq Ft Liv Area: 1000.0
  • Legal Description: PROGRESSO 2-18 D LOT 5 LESS E 15 FOR ST R/W BLK 62
Utilities
  • Utilities: Cable, Electric, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction, Frame With Stucco, Stucco Exterior Construction
  • Exterior Features: Fence, None, Open Patio, Room for Pool
  • Private Pool: No
  • Storm Protection: Impact Glass: Complete
  • Subdiv Amenities: None
  • Gated Community YN: No
  • Structure Type: Duplex
Interior Features
  • Roof: Tar/Gravel
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: No
  • Cooling: Wall-Win A/C
  • Flooring: Terrazzo Floor
  • Heating: Window/Wall
  • Window Treatments: Awning, Blinds, Impact Glass
  • Guest Accommodations: No
  • Spa: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $37,440.00
  • Income & Expenses: Annual Total Expense: $3,360.00
  • Income & Expenses: Gross Operating Inc: $3,400.00
  • Tenant Pays: Cable, Electric, Insurance
Unit 1
  • Unit 1 Desc: A/C Unit, Dishwasher, Dryer, Electric Meter, French Doors, Kitchen, Laundry, Microwave, Patio, Range - Electric, Refrigerator, Smoke Detector, Washer
  • Unit 1 Info: Bedrooms: 1
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Monthly Income: 1,700
  • Unit 1 Info: SqFt: 500.0
  • Unit 1 Parking: Space Parking
Unit 2
  • Unit 2 Desc: A/C Unit, Dryer, Electric Meter, French Doors, Kitchen, Laundry, Microwave, Patio, Range - Electric, Refrigerator, Smoke Detector, Washer, Window Cover
  • Unit 2 Info: Bedrooms: 1
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Monthly Income: $1,700
  • Unit 2 Info: SqFt: 500.0
  • Unit 2 Parking: Space Parking
Rental
Rental Information
  • Pets on Premises: Yes

Property History for 1429 North Andrews Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1429 North Andrews Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$6,070 ($506 / month)
Home Facts
Total Finished SqFt1,000 SqFtAbove Grade Finished SqFt1,000 SqFtStories1Lot Size6,005 SqFtStyleDuplexYear Built1954Year Renovated1955ZoningRDS-15CountyBROWARDAPN49-42-34-02-1790

Schools near 1429 North Andrews Avenue

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Charter - 9 to 12
Public - 6 to 12
Rating
School
Distance
Thurgood Marshall Elementary School
PublicPK to 5

Sunrise Middle School
Public6 to 8

Sunrise High School
Charter9 to 12

Pace Center For Girls, Inc.
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1429 North Andrews Avenue is a multi-family home for sale in Fort Lauderdale, FL 33311. This property was listed for sale on November 13, 2024 by Realty ONE Group Innovation, it's currently listed at $475,000. It has been on the market for a total of 2 days and was last sold on July 26, 2018. This listing's school district is Broward. Nearby schools include Thurgood Marshall Elementary School, Sunrise Middle School and Sunrise High School. 1429 North Andrews Avenue is a 0-bed, 0-bath, 1,000 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty ONE Group Innovation

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.