Property Back to Results Property

1026 Ne 9th Ave, Fort Lauderdale, FL 33304

$744,500
: 1,892
SqFt

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

List Price: $744,500
Price Change: ▼ $35,400 1792712246
MLS#: A12087752
Sq. Ft: 1,892
Subtype: Triplex
County: Broward
Community: Progresso
Subdivision: Progresso
Year Built: 1980

Refine Search

Property Description

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.

954-557-5993

Search All Properties

Additional Information

Status Label: ACTIVE
Total Unitsin Complex: 3
Construction: CBS Construction
Cooling: Wall/Window Unit(s)
Flooring: Tile
Heating: Window/Wall
Lot Description: Less Than 1/4 Acre Lot
Roof: Shingle
Taxes: $12,386
Total Floors: 1
Stories: 1
Roofing: Shingle
Price Per Sqft: $393