Quadruplex - Stranahans Sub

1121 NE 2nd St, Fort Lauderdale, FL 33301Closed - 12/03/2025
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$1,200,000  Built: 1959
N/A N/A N/A
Type of PropertyQuadruplex
Style of PropertyFourplex
Property Ft²2,085
Living Ft²2,085
Price per Ft²$575.54
PetsN/A
WaterfrontN/A
PoolN/A
FurnitureN/A
Property description of Quadruplex - Stranahans Sub

The best priced multifamily in vp! Corner-lot 4plex with 2 separate and detached duplexes on one lot, just 3 blocks from las olas blvd, beautiful and long-lasting barrel tile roof, updated interiors, private fenced in patios. This income-producing property on a 6,300 sq ft lot. Located minutes from fort lauderdale beach and fll airport, in one of the city’s most walkable and desirable neighborhoods. Surrounded by top dining, shops, and entertainment- making it an ideal location for both long-term and short-term tenants, current gross annual revenue $120,000 and a solid 7% cap rate, reliable cash flow and strong long-term appreciation. Vp offers high tenant demand and low vacancy rates. Development opportunity, zone rml-25 residential multifamily low rise/medium high density district.

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Property Features
NameStranahans Sub
MLSA11858941
ForeclosureN/A
Short SaleN/A
Parking 
Parking Restrictions 
Parking Spaces6
Lot Ft² 
Approx. Lot Size 
Boat Dock 
Last Update221 days
Pet Restrictions 
Floor Number 
Cooling DescriptionElectric
Heating DescriptionWindow/Wall
View 
ConstructionConcrete Block Construction
Flooring TypeCeramic Floor
Maintenance Fees 
Taxes$14,818
Property contact form
Gladys Martinez PA
Gladys Martinez PA305-321-7889gmrealtor7@gmail.com
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MLS Data Source: Miami Association of REALTORS. Copyright SEFMLS © 2026
Listing is a courtesy of Douglas Elliman. Office (cheri-lynn.diamond@elliman.com, 954-874-0740). Agent (SandrasListings@gmail.com, 561-929-3722).
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

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