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Wade M. Berlin

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2747 Griffin Road 1-3
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PRICED AT ONLY: $895,000

Address: 2747 Griffin Road 1-3, Fort Lauderdale, FL 33312

Description

Prime triplex for sale on high demand Griffin Rd, where new vertical development continues to drive strong rental demand and appreciation. Vacancy is rarely an issue. Units are: 2 bedroom 2 bath, 1 bedroom 1 bath, and 1 bedroom 1 bath. All three units generate approx. $7,200/month with annual expenses around $26,000, delivering a near 7% cap rate. Impact windows and doors throughout, central AC systems 7 8 years old. Includes a separate parcel (Folio 504229140062) for a combined approx. 9,300 SF lot. Located in a major opportunity zone with strong upside potential. Won't last.

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  • MLS#: R11142925 ( Residential Income )
  • Street Address: 2747 Griffin Road 1-3
  • Viewed: 15
  • Price: $895,000
  • Price sqft: $398
  • Waterfront: No
  • Year Built: 1976
  • Bldg sqft: 2246
  • Total Baths: 4

Description

Prime triplex for sale on high demand Griffin Rd, where new vertical development continues to drive strong rental demand and appreciation. Vacancy is rarely an issue. Units are: 2 bedroom 2 bath, 1 bedroom 1 bath, and 1 bedroom 1 bath. All three units generate approx. $7,200/month with annual expenses around $26,000, delivering a near 7% cap rate. Impact windows and doors throughout, central AC systems 7 8 years old. Includes a separate parcel (Folio 504229140062) for a combined approx. 9,300 SF lot. Located in a major opportunity zone with strong upside potential. Won't last.
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Features
Building and Construction
  • Flooring: Tile
  • Roof: Composition
Utilities
  • Cooling: Central Air
  • Heating: Other
  • Utilities: Cable Available
Amenities
  • Association Amenities: None
Finance and Tax Information
  • Tax Year: 2025
Rental Information
  • Tenant Pays: None
Other Features
  • Legal Description: AVON HEIGHTS 38-38 B LOT 7 LESS S 40 FOR RD BLK 1
  • Parcel Number: 504229140070
  • Unit Number: 1-3
  • Views: 15
  • Zoning Code: 08 - Multi-fami
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