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Backup Offers

1042 NW 8th Ave, Fort Lauderdale, FL, 33311

$650,000

Home List Price

$7,719*

Closing Credit

0 Baths
2,662 SqFt
$244/SqFt
Multi

Location

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1042 NW 8th Ave, Fort Lauderdale$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1981
HeatingElectric
CoolingElectric
MLS #A11684338
StatusAccepting Backup Offers
(Active Under Contract)

About 1042 NW 8th Ave

INVESTOR'S DREAM – TURNKEY INCOME PROPERTY! Offering two 3 bed/2 bath units, with large master bedrooms. Newer A/C units (2019 & 2024), new roof (2018), USB-C outlets in each room, updated kitchen and bathrooms, unit 1 includes barn doors in bedrooms. Separate water & electricity meters, meaning tenants cover their own utilities – making a more passive, low-maintenance investment. Strong cash flow potential or save money with owner-occupancy. This is a perfect opportunity for first-time investors or those looking to expand their portfolio.

Property Details

Property Features

Property Information:

  • Year Built: 1981
  • Stories: 1
  • Living Area: 2,662 SqFt

Listing Office:

  • Office Name: HomeCoin.com
  • Office Phone: (888) 400-2513
  • Listing Agent: Jonathan Minerick

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile, Tile, Vinyl

Virtual/3D Tour

  • Virtual Tour: 1042 NW 8th Ave
Virtual Tour

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

Other

Directions Information:

  • Directions: From NW 9th Ave turn right to NW 11th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $244/SqFt
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Housing Market Comparison

See how this home compares to others in Fort Lauderdale, FL.

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Fort Lauderdale, FL

City

Med. Sold Price

$480.9K

Med. Price/SqFt

$364

Avg. Days On Market

84

# of Sold Homes

90

1042 NW 8th Ave vs Fort Lauderdale

47 DAYS ON ROCKET

-37 Days

$650,000

+$169K More

$244/SqFt

-$120 Less

KEY TAKEAWAY

This property is $169K more than the Median Sold Price and $120/SqFt less than other homes in Fort Lauderdale, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11684338

Listing Office:

  • Office Name: HomeCoin.com
  • Office Phone: (888) 400-2513
  • Listing Agent: Jonathan Minerick

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 8:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4231798
5
/10

  • Thurgood Marshall Elementary School

  • 800 NW 13th St

  • 0.18 miles

  • Public Magnet Grades PK-5

school-card-donut-4231799
5
/10

  • Sunland Park Academy

  • 919 NW 13th Ter

  • 0.47 miles

  • Public District Grades PK-3

school-card-donut-4231800
4
/10

  • North Side Elementary School

  • 120 NE 11th St

  • 0.60 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,444. Most Fort Lauderdale, FL residents have annual incomes less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Broward County›Fort Lauderdale›33311›1042 NW 8th Ave

This home is located at 1042 NW 8th Ave in Fort Lauderdale, FL and zip code 33311 in the South Middle River neighborhood. This 2,662 square foot home was built in 1981. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $650,000.

While more than 9 listings in Fort Lauderdale, FL in November 2024 were sold above asking price, there were more than 11 listings sold at asking price, and more than 70 were sold below. The number of homes for sale in Fort Lauderdale, FL increased by 11.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 84 days, the median list price was $480,941.

From Rocket Homes Real Estate and based on county public records data.

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