1429 N Andrews Ave, Fort Lauderdale, FL, 33311

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1429 N Andrews Ave, Fort Lauderdale$475,000

Buyer Closing Credits

$5,641^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeDuplex

Year Built1955

CoolingWindow Unit(s)

WaterfrontNone

ViewCity, Garden

MLS #RX-11036604

StatusActive

About 1429 N Andrews Ave

Prime Investment Opportunity in Fort Lauderdale's Thriving Neighborhood Near Las Olas!Welcome to 1429 N Andrews Ave, Fort Lauderdale, FL 33311, a versatile and well-maintained duplex that's perfect for the savvy investor. This property features all IMPACT WINDOWS for enhanced safety and noise reduction, a durable 2011 roof, and low-maintenance TERRAZZO flooring throughout. Each unit comes complete with private patios and IN-UNIT LAUNDRY for added convenience and tenant satisfaction.With Seperate Electric Meters for each unit and new leases secured until the end of October 2025, this duplex offers stable rental income and a CAP rate of 7.8% (including lawn care and water). The owner pays a $160/month water bill for both units, keeping operating costs manageable.

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Property Details

Property Features

Property Information:

• Year Built: 1955
• Stories: 1
• Living Area: 1,000 SqFt

Listing Office:

• Office Name: Realty ONE Group Innovation
• Office Phone: (561) 501-0055
• Listing Agent: Frankelley Nunez

Interior Features

Interior Information:

• Flooring Type: Terrazzo Floor

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: None
• View: City, Garden
• Exterior: Fence, None, Open Patio, Room for Pool

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• Virtual Tour: 1429 N Andrews Ave

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Utilities

Utilities Information:

• Cooling: Window Unit(s)

Other

Directions Information:

• Directions: USE GPS

Price Information

Listing Price Info

Price Summary:

• List Price: $475,000
• Price Per SqFt: $475/SqFt

Tax Information:

• Annual Amount: $5,176
• Tax Year: 2020

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Housing Market Comparison

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

Fort Lauderdale, FL

City

Med. Sold Price

$480.9K

Med. Price/SqFt

$364

Avg. Days On Market

84

# of Sold Homes

90

1429 N Andrews Ave vs Fort Lauderdale

34 DAYS ON ROCKET

-50 Days

$475,000

-$5.9K Less

$475/SqFt

+$111 More

KEY TAKEAWAY

This property is $5.9K less than the Median Sold Price and $111/SqFt more than other homes in Fort Lauderdale, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #RX-11036604

Listing Office:

• Office Name: Realty ONE Group Innovation
• Office Phone: (561) 501-0055
• Listing Agent: Frankelley Nunez

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 2:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Jul 26, 2018	Jul 26, 2018Home Sold	$320,000
Aug 29, 2003	Aug 29, 2003Home Sold	$130,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$5,176	$260,980
2019	$1,491	$317,780
2018	$1,427	$67,240
2017	$1,427	$92,160

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Broward County›Fort Lauderdale›33311›1429 N Andrews Ave

This home is located at 1429 N Andrews Ave in Fort Lauderdale, FL and zip code 33311 in the South Middle River neighborhood. This 1,000 square foot home was built in 1955. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $475,000.

Over 9 listings were sold over their listed price in November 2024 in Fort Lauderdale, FL. In the same period over 70 listings were sold below the listed price and 11 listings were sold for the listed price. The inventory of homes for sale in Fort Lauderdale, FL between October 2024 and November 2024 increased by 11.6%. In November 2024, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $480,941.

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