1317 NE 1st Avenue, Fort Lauderdale, FL 33304 (MLS# RX-11123816)

Design: Villa; Other Arch

Construction: Block; Concrete

View: Garden

Waterfront Details: Pond

Lot Description: < 1/4 Acre

Exterior Features: Custom Lighting; Deck; Fence; Room for Pool

Interior Features: French Door; Sky Light(s); Walk-in Closet

Furnished: Unfurnished

Rooms: Laundry-Util/Closet; Maid/In-Law; Storage

Parking: Driveway

Maintenance Fee Incl: Other

Pet Restrictions: No Restrictions

Restrict: None; Other

Security: None

Flooring: Terrazzo Floor; Wood Floor

Heating: Central; Electric

Cooling: Ceiling Fan; Central; Electric

Roof: Metal

Terms Considered: Cash; Conventional; Exchange; FHA; VA

Utilities: Public Sewer; Public Water

Window Treatments: Plantation Shutters; Single Hung Wood; Verticals

Storm Protection: None

Taxes: County Only

Possession: Funding

The grounds include a spacious, landscaped backyard anchored by a tranquil pond and waterfall, creating a private retreat for tenants or an owner-occupant. Occupancy & Use Flexibility The property is currently available for lease, offering options for investors and end-users alike. An owner could occupy one unit while generating rental income from the other, or it could serve as a multi-generational home with an in-law suite. For investors, the property's location and layout make it especially well-suited for short-term rental platforms such as Airbnb or VRBO, as well as turnkey furnished rentals aimed at the growing relocation and corporate housing market. Income Potential Market rents in the immediate area support approximately $2,800/month for the two-bedroom front unit and $2,100/month for the one-bedroom rear unit, creating a projected combined gross monthly income of $4,900 (or $58,800 annually). Short term rents 3,000 to 4,500 monthly plus. With limited supply of quality duplexes in this submarket, and with demand for both long-term and furnished short-term housing continuing to rise, the property offers strong yield potential. Key Highlights Prime location under 2 miles to the beach, Las Olas, and downtown Fort Lauderdale. Flexible living arrangement: owner-occupied, investment rental, or in-law suite. Both residences include washer/dryer unitsan uncommon amenity for duplex product. Expansive backyard with pond and waterfall, ideal for outdoor enjoyment and tenant appeal. Market rents point toward robust cash-flow opportunities and Airbnb upside. Disclaimer All figures are approximate; buyer to verify all data and confirm with MLS and local market research. Seller holds an active FL and AZ Real Estate License