1023 NW 2nd Avenue, Fort Lauderdale, FL 33311

$470,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,285 Status: Closed
Current Price: $470,000 List Date: 12/06/2024 Last Modified: 9/09/2026

Overview

Description

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!

Listing Details MLS# F10475001

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
3
Bathrooms Total
2
Bathrooms Full
2
Living Area Main
1285
Year Built
1948
Gated Community YN
No
Lot Size Area
13493
Senior Community YN
No
Guest House YN
No
Stories Total
Yes
Stories
Yes
Direction Faces
East
Pool Private YN
No
Year Roof Installed
2023
LP/Assessed Value
1.7

Property Features

Dining Area: Other Flooring: Other Parking Features: On Street Property Condition: Resale Appliances: Other Cooling: Ceiling Fan(s) Heating: None Interior Features: Other Levels: One Listing Terms: Cash Other Equipment: Other Other Structures: Outbuilding Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow Restrictions: No Restrictions Roof: Composition; Shingle; Other Sewer: Public Sewer Special Information: Handyman Special; Potential Tear Down; Sold As-Is Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Showing Requirements: Showing Service Contingencies: Inspection Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
549500
Negotiable Seller Concessions YN
Yes
Occupant Type
Vacant

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
1023
Street Direction Prefix
NW
Street Name
2nd
Street Suffix
Avenue
City Name
Fort Lauderdale
State Or Province
FL
Postal Code
33311
Postal Code +4
6229
Postal Zip
33311
Subdivision Name
Progresso 2-18 D
Area
3390
Geographic Area
FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Parcel Number
494234049430
Zoning
RMM-25
Directions
From Sunrise and I95 go east to Andrews Ave north to NW 11th west to NW 2nd south home is on your right.

Financial Information

Membership Fee Required YN
No
Tax Annual Amount
6477
Tax Year
2023
Tax Assessed/SOH Value
311130
Tax Legal Description
PROGRESSO 2-18 D LOTS 11 THRU 14 BLK 189
Assessor Market Value
311130

Status Change Information

Major Change Timestamp
2025-05-05T16:39:50Z
Major Change Type
Status Change
Price Change Timestamp
2025-03-05T18:02:12Z
Status Change Date
2025-05-07
Under Contract Date
2025-03-24
Close Date
2025-05-05
Close Price
470000
Buyer Financing
Cash

More Information

Short Sale Details

Short Sale Addendum
No

Co-Ownership

Property Management YN
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
3

Concessions

Seller Concessions
Yes
Seller Concessions Amount
25000

Price Calculations

Current Price To SqFt
365.76
Original List Price To Close Price
0.85

Section Details

Parcel Number MLX
9430

Originating Details

Originating System Key
591035926
Originating System ID
M00000170
IDX
Listing Office: CENTURY 21 Tenace Realty
Source MLS Verified
Last Updated: September - 09 - 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.