$900,000

Price reduced

1202 NE 3RD Avenue, Fort Lauderdale FL 33304

1,686 sq ftBuilt 1962MLS# B26068659

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About this property

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

Property details

Property type
Multi-family
Year built
1962
Living area
1,686 sq ft
Price per sq ft
$534
Property taxes
$12,625/yr
Building / community
Progresso
Status
Price reduced
MLS #
B26068659

Listing courtesy of Gofman Real Estate Group.

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