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1202 Ne 3rd Avenue, Fort Lauderdale, FL 33304

$900,000
: 1,686
SqFt

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List Price: $900,000
Price Change: ▼ $310,000 1790296928
MLS: B26068659
Status: ACTIVE
Type: Multifamily
Living Area: 1,686

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Property Description

Fully renovated investment property in an A+ location, just 5 minutes to Downtown Fort Lauderdale and Wilton Manors and 10 minutes to the beach. Public records indicate a duplex; currently operating as 5 rentable spaces: 2 studios, 2 one-bedroom/one-bath units, and 1 two-bedroom/one-bath unit, producing $8,550/month gross ($102,600/year). Features include a new metal roof, impact windows and doors, solar panel system to offset operating costs, new asphalt and landscaping, property-wide water filtration, Ring cameras with 24/7 monitoring, 2 separate buildings connected by a breezeway with hurricane-rated roof, gated common patio, new appliances, in-unit W/D in all units, EV charger, and 6 off-street parking spaces. Turnkey income-producing property in a prime rental location. 1 Studio: $1000 2 2/1: $2600 3 Studio: $1500 4 1/1: $1650 5 1/1: $1800 Total:$8550 All utilities are included

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Additional Information

Days on Market: 56
Style: Fourplex
Lot Size: 6,756
Exterior Features: West Of Us1, Barbeque, Other
Year Built: 1962
Development Name: Progresso
#Stories: 1
Construction Type: Concrete Block Construction, Stucco