Main Content

2740 SW 1st Street, Fort Lauderdale, FL 33312 (MLS# F10116740)

2740 SW 1st Street, Fort Lauderdale, FL 33312

$250,000
Property Type: Residential Income Square Footage: 2,220 Status: Closed
Current Price: $250,000 List Date: 4/05/2018 Last Modified: 8/10/2026

Overview

Description

Unique opportunity to own a cash-cow duplex in a booming area! Across the street from the new Walmart, Wawa, Planet Fitness, Chipotle and others! New construction all around! Huge units, approx. 1,100 square feet. Each is two beds, one bath, tile floors, updated kitchens. 100% occupied and always easy to rent. Both tenants are current. Each unit rents for $1,250, seller holds security deposits to be transferred to buyer. $6390 in annual expenses (insurance, tax, water) for an outstanding 7.9% Cap Rate!

Listing Details MLS# F10116740

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
2220
Living Area Main
2220
Year Built
1964
Stories Total
Yes
Pool Private YN
No
Spa YN
No
LP/Assessed Value
1.51

Property Features

Association Fee Includes: Maintenance Grounds; Trash; Water Documents Available: Copy Of Lease(s); Deposit - Security; Rent Rolls Flooring: Ceramic Tile Property Condition: Resale Construction Materials: CBS Cooling: Wall/Window Unit(s) Heating: Separate Meters; Window/Wall Listing Terms: Conventional Possession: Negotiable; Subject To Tenant Rights Roof: Composition; Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Showing Requirements: Call Listing Agent Unit 1 Appliances: Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Contingencies: Inspection Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
300000

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
2740
Street Direction Prefix
SW
Street Name
1st
Street Suffix
Street
City Name
Fort Lauderdale
State Or Province
FL
Postal Code
33312
Postal Code +4
1201
Postal Zip
33312
Subdivision Name
Midland 1st Add 40-13 B
Area
3570
Geographic Area
FTSW - Ft Lauderdale SW (3470-3500;3570-3590)
Parcel Number
504208132060
Zoning
RMM-25
Directions
One block in from the SW corner of West Broward Boulevard and SW 27th Av

Financial Information

Tax Annual Amount
3085
Tax Year
2017
Tax Assessed/SOH Value
198220
Tax Legal Description
MIDLAND 1ST ADD 40-13 B LOT 6 BLK 14
Assessor Market Value
198220

Status Change Information

Major Change Timestamp
2018-08-25T03:57:32Z
Major Change Type
Status Change
Status Change Date
2018-08-28
Under Contract Date
2018-07-30
Close Date
2018-08-24
Close Price
250000
Buyer Financing
Cash

More Information

Co-Ownership

Property Management YN
No

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Net Operating Income
23610
Operating Expense
6390
Gross Scheduled Income
30000

Unit 1 Details

Actual Rent
1250
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
1110

Unit 1 Lease Description

Currently Leased YN
Yes

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
112.61
Original List Price To Close Price
0.83

Section Details

Parcel Number MLX
2060

Originating Details

Originating System Key
473290605
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
FLL

Association Fee Includes

Maintenance Grounds
Yes
Sewer
Yes
Trash
Yes
Water
Yes

Flooring

Ceramic Tile
Yes

Property Condition

Resale
Yes

Documents Available

Copy Of Lease(s)
Yes
Deposit - Security
Yes
Rent Rolls
Yes

Possession

Negotiable
Yes
Subject To Tenant Rights
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Heating

Separate Meters
Yes
Window/Wall
Yes

Construction Materials

CBS
Yes

Listing Terms

Conventional
Yes

Roof

Composition
Yes
Shingle
Yes

Water Source

Public
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

Call Listing Agent
Yes

Tax Information

Tax Reflects No Exemptions
Yes

Contingencies

Inspection
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes

Unit 1 Parking Features

Parking Space
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes
IDX
Listing Office: Coastal Props Realty of S FL
Last Updated: August - 10 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Skip to content