UNDER CONTRACT
$20K PRICE DROP
1023 NW 2nd Ave Fort Lauderdale, FL 33311
South Middle River NeighborhoodEstimated payment $3,499/month
Total Views
4,419
3
Beds
2
Baths
1,285
Sq Ft
$412
Price per Sq Ft
Highlights
- Newly Remodeled
- Ceiling Fan
- No Heating
- Shed
- East Facing Home
- 4-minute walk to Warfield Park
About This Home
Price Adjusted! Investor’s Dream Opportunity in Fort Lauderdale! Over-sized lot in a prime location near Downtown Fort Lauderdale, perfect for savvy investors seeking a value-add project. Currently a single-family home with a separate studio, the property has permit issues requiring the removal of the second kitchen and restoring it to a single-family layout (plans available). Located in an Opportunity Zone. Act fast! Priced to reflect needed work, this rare opportunity won’t last long. Bonus: Seller-provided single family conversion plans, or plans for a fourplex of 3 Bedroom units can be included ideal for the lot’s size and zoning. Don’t miss this chance to flip, generate rental income, or develop in a high-demand area. Contact us today for details and a private showing!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,477
Year Built
- Built in 1948 | Newly Remodeled
Lot Details
- 0.31 Acre Lot
- East Facing Home
- Property is zoned RMM-25
Parking
- On-Street Parking
Home Design
- Fixer Upper
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,285 Sq Ft Home
- 1-Story Property
- Ceiling Fan
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Shed
Utilities
- No Heating
- Cable TV Available
Community Details
- Progresso 2 18 D Subdivision
Listing and Financial Details
- Assessor Parcel Number 494234049430
- Seller Considering Concessions
Map
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Home Values in the Area
Average Home Value in this Area
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 | $7,130 | $362,210 | $74,210 | $288,000 |
| 2024 | $6,477 | $342,240 | $74,210 | $288,000 |
| 2023 | $6,477 | $311,130 | $74,210 | $236,920 |
| 2022 | $5,907 | $277,290 | $0 | $0 |
| 2021 | $5,245 | $252,090 | $74,210 | $177,880 |
| 2020 | $4,904 | $234,930 | $74,210 | $160,720 |
| 2019 | $4,406 | $220,340 | $74,210 | $146,130 |
| 2018 | $3,163 | $207,020 | $74,210 | $132,810 |
| 2017 | $2,941 | $122,380 | $0 | $0 |
| 2016 | $2,704 | $111,260 | $0 | $0 |
| 2015 | $2,487 | $101,150 | $0 | $0 |
| 2014 | $2,285 | $91,960 | $0 | $0 |
| 2013 | -- | $83,600 | $40,480 | $43,120 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/05/2025 03/05/25 | Price Changed | $530,000 | -3.5% | $412 / Sq Ft |
| 12/06/2024 12/06/24 | For Sale | $549,500 | +77.3% | $428 / Sq Ft |
| 04/27/2020 04/27/20 | Sold | $310,000 | -2.8% | $229 / Sq Ft |
| 03/29/2020 03/29/20 | For Sale | $319,000 | +27.6% | $235 / Sq Ft |
| 07/18/2018 07/18/18 | Sold | $250,000 | -7.0% | $195 / Sq Ft |
| 06/25/2018 06/25/18 | For Sale | $268,880 | 0.0% | $209 / Sq Ft |
| 11/08/2013 11/08/13 | Rented | $1,375 | -1.8% | -- |
| 10/09/2013 10/09/13 | Under Contract | -- | -- | -- |
| 09/20/2013 09/20/13 | For Rent | $1,400 | -- | -- |
Source: BeachesMLS (Greater Fort Lauderdale)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Citadel Title & Escrow | |
| Warranty Deed | $310,000 | Citadel T&E Co Llc | |
| Quit Claim Deed | $250,000 | Coastal Title Inc | |
| Warranty Deed | $250,000 | Coastal Title Inc | |
| Warranty Deed | $88,000 | Attorney | |
| Warranty Deed | $102,900 | Title Professionals Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $213,750 | New Conventional | |
| Previous Owner | $75,100 | Stand Alone Second | |
| Previous Owner | $180,000 | Unknown | |
| Previous Owner | $97,750 | No Value Available |
Source: Public Records
Similar Homes in Fort Lauderdale, FL
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10475001
APN: 49-42-34-04-9430
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