1026 Ne 9th Ave, Fort Lauderdale, FL 33304

$800,000
1,892
SqFt

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List Price
$800,000
MLS
A12087752
Complex Name
Progresso
Status
ACTIVE
Type
Multifamily
Living Area
1,892

Property Description

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. Units 1 and 2 are currently leased, with 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 vacant, 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.

Additional Information

Days on Market
2
Style
Triplex
#Parking Spaces
4
Year Built
1980
Development Name
Progresso
#Stories
1
Construction Type
CBS Construction
Section
34

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Listing Courtesy of Samson Companies, LLC, Contact: