New listing
Photo 1 of 25$744,500
Price reduced1026 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
