$607,500
$699,000
13.1%For more information regarding the value of a property, please contact us for a free consultation.
1509 NW 3rd Ave Fort Lauderdale, FL 33311
2,000 SqFt
Key Details
Sold Price $607,500
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $303
Subdivision Progresso
MLS Listing ID A11612556
Sold Date 01/21/25
Construction Status Effective Year Built
HOA Y/N No
Year Built 1938
Annual Tax Amount $10,189
Tax Year 2023
Contingent Pending Inspections
Property Description
Great investment opportunity in a booming neighborhood that could generate approximately $9,500 / month! Three legal units situated on a double lot. The main home is a 3 / 1, being operated as an AirBnB that could generate approximately $5,500 per month. Fenced backyard area, central AC, and recently renovated. The 2nd unit is a 1 / 1 with an additional room, backyard, renovated kitchen, and new central AC system. This unit is currently rented at $1,600 per month. The 3rd unit is a studio recently rented to a mid-term tenant at $2,000 per month, but could generate approximately $2,500 per month as a short-term rental. There are approximately 6 off-street parking spaces. Units 1 and 3 are fully furnished. Shared washer/dryer for property. Huge revenue and future development potential!
Location
State FL
County Broward
Community Progresso
Area 3390
Interior
Heating Central
Cooling Central Air, Ceiling Fan(s), Wall/Window Unit(s)
Flooring Laminate, Tile, Vinyl
Exterior
Exterior Feature Fence, Fruit Trees, Lighting, Patio
Pool None
Community Features Laundry Facilities
Utilities Available Cable Available
Roof Type Flat,Shingle
Porch Patio
Total Parking Spaces 6
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Frame,Stone,Wood Siding
Construction Status Effective Year Built
Others
Tax ID 494234016180
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
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Bought with Emerald Realty True Partners