Fort Lauderdale, FL 33304,1013 NE 3rd Ave
Fort Lauderdale, FL 33304,1013 NE 3rd Ave
Fort Lauderdale, FL 33304,1013 NE 3rd Ave
Fort Lauderdale, FL 33304,1013 NE 3rd Ave
Fort Lauderdale, FL 33304,1013 NE 3rd Ave
Fort Lauderdale, FL 33304,1013 NE 3rd Ave
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$ 390,000
Est. payment | /mo

2,363 SqFt


$ 390,000
Est. payment | /mo

2,363 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,363 sqft

Price per Sqft $165

Subdivision Progresso

MLS Listing ID A11735490

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1973

Annual Tax Amount $1,913

Tax Year 2024

Contingent Other

Property Sub-Type Quadruplex

Property Description

Nestled within a sought-after Opportunity Zone, this fourplex offers an exceptional investment prospect with substantial growth potential, a welcome addition to any real estate portfolio. Subject is zoned multi-family 2-9 units; surrounding properties include vacant land, single-family and religious use spaces, providing a diverse landscape and the prospect of an assemblage within an Opportunity Zone that could potentially encompass up to 2.71 acres. Currently operated as low-income housing by a non-profit, the property is priced based on existing rental income and offers considerable upside potential, redevelopment opportunities, or repositioning in line with market demand in a rapidly developing area, with the added benefit of unlocking potential tax incentives for qualified investors.

Location

State FL

County Broward

Community Progresso

Area 3370

Interior

Heating Other

Cooling Wall/Window Unit(s)

Flooring Other

Window Features Double Hung,Metal

Exterior

Pool None

Utilities Available Cable Available

Roof Type Flat

Total Parking Spaces 5

Private Pool No

Building

Lot Description Flood Zone, Interior Lot

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 494234048690

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://idx.paradym.com/idx/4906010

Listed by Berkshire Hathaway HomeServices Florida Realty
agent
Antonio E Velázquez

Broker Associate | License ID: BK3421812

+1(407) 361-6655 | antonio@homesellingflorida.com

Learn More About LPT Realty

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1013 NE 3rd Ave

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