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1202 Northeast 3rd Avenue

Fort Lauderdale FL 33304

2312 sq. ft.
6756 sq. ft.
Duplex
Currently for sale - view listing

Overview

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

Features

2312 sq. ft. floor area
6756 sq. ft. lot size
Duplex

Property history for 1202 Northeast 3rd Avenue

2024
Sold
$625,000
08 Mar 2024 by Fernando Gambach, of MLS Brokers LLC

Happy sellers in Fort Lauderdale

90%
90% of sellers in Fort Lauderdale reported that their sale price either exceeded or met their price expectations.

Fort Lauderdale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Fort Lauderdale over the last 12 months.

Local market activity for duplexes in Fort Lauderdale

In the last 12 months, 32 duplexes similar to 1202 Northeast 3rd Avenue, have been sold.

This represents a 4% increase in duplexes sales when compared to the previous 12 months.

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