1202 NE 3RD Avenue, Fort Lauderdale, FL 33304
- $1,210,000
- 1,686
- SqFt
- List Price
- $1,210,000
- Days on Market
- 22
- MLS#
- B26068659
- Year Built
- 1962
- Living Area
- 1,686
- Acres
- 0.16
- MLS Area Major
- 3370
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
- Taxes
- $12,625
- Utilities
- Cable Available, Electricity Not Available, Sewer Connected, Water Connected
- Heating
- Electric, Heat Pump
- Air Conditioning
- Ductless, Electric, Heat Pump, Other
- Exterior Construction
- Block, Stucco
- Roof
- Metal
- Elementary School
- North Side
- Middle School
- Sunrise
- High School
- Fort Lauderdale
Listing courtesy of Gofman Real Estate Group. Contact: