$744,500

Price reduced

1026 NE 9th Ave, Fort Lauderdale FL 33304

1,892 sq ftBuilt 1980MLS# A12087752

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About this property

Price reduced for a quick sale. Rare opportunity to acquire a legal three-unit income property in a very desirable area of Fort Lauderdale with immediate rental income and significant future revenue potential. Located on a quiet dead end street, 2 miles from the beach and Las Olas, as well as just half a mile from Flagler Village. This 5-bedroom, 4-bath triplex consists of two spacious 2-bedroom units plus a furnished 1-bedroom unit previously operated as a short-term rental. All units have leases expiring in approximately 4–6 months, providing an incoming owner flexibility to continue traditional rentals at higher rates or explore a furnished short-term-rental strategy. Unit 3 is completely furnished and ready to operate as a short or long term rental. The property offers 5 onsite parking spaces, separate electric meters, shared laundry, private outdoor areas for Units 1 and 2 and additional outdoor space for unit 3. Recent improvements include interior and exterior painting, multiple newer window AC units and electrical updates. With current long-term income, additional market-rent potential and the possibility of operating multiple furnished rentals, this property offers several investment strategies in one asset.

Property details

Property type
Multi-family
Year built
1980
Living area
1,892 sq ft
Price per sq ft
$393
Property taxes
$12,386/yr
Parking
4 spaces
Building / community
Progresso
Status
Price reduced
MLS #
A12087752

Listing courtesy of Samson Companies, LLC.

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