Fort Lauderdale, FL 33304,1013 NE 3rd Ave
Fort Lauderdale, FL 33304,1013 NE 3rd Ave
Fort Lauderdale, FL 33304,1013 NE 3rd Ave
34
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$390,000
Est. payment /mo
2,363 SqFt
Pending

1013 NE 3rd Ave Fort Lauderdale, FL 33304

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UPDATED:

02/19/2025 05:55 PM

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

Learn More About LPT Realty

agent

Elsa Gil Garcia

Realtor® | License ID: 3596104

+1(305) 281-0782

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1013 NE 3rd Ave