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  • MLS#: F10541362 ( Residential Income )
  • Street Address: 1202 3rd Avenue
  • Viewed: 3
  • Price: $1,220,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1962
  • Bldg sqft: 0
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1202 3rd Avenue
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PRICED AT ONLY: $1,220,000

Address: 1202 3rd Avenue, Fort Lauderdale, FL 33304

Would you like to sell your home before you purchase this one?

Description
FULLY RENOVATED INVESTMENT PROPERTY 7% Cap RateCASH ONLY / SOLD AS IS. A rare A+ location just 5 minutes to Downtown Fort Lauderdale and Wilton Manors, 10 minutes to the beach. Records indicate Duplex; operating as five rentable spaces (non conforming),2 studios, two 1b/1b, one 2b/1b producing $8,800/m gross ($105,600/y). Investment Highlights: new metal roof, full impact windows & doors, new solar panel system (offsets operating costs), new asphalt & professional landscaping, property wide water filtration system, RING cameras 24/7 security monitoring, two separate buildings connected by a breezeway with a hurricane rated roof, beautiful gated common patio between the two buildings, new appliances included, all units have in unit W/D, EV/charger, six off street parking spaces.
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Features
Building and Construction
  • Fencing: Fenced
  • Flooring: Tile, Vinyl
  • Roof: Metal
Utilities
  • Cooling: Other
  • Heating: Heat Pump
  • Road Frontage Type: West of US-1
  • Sewer: Public Sewer
  • Utilities: Cable Available
Finance and Tax Information
  • Home Owners Association Fee Includes: Hot Water
  • Tax Year: 2024
Other Features
  • Legal Description: PROGRESSO 2-18 D LOT 25, 26 BLK 116
  • Parcel Number: 494234032600
  • Zoning Code: RD-15
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