FL > Fort Lauderdale > Progresso 2-18 D
Fort Lauderdale, FL 33304,1202 NE 3rd Ave
Fort Lauderdale, FL 33304,1202 NE 3rd Ave
Fort Lauderdale, FL 33304,1202 NE 3rd Ave
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Graceann Tinney

Graceann Tinney

+1(267) 373-8244
$1,220,000
Est. payment /mo
2,927 SqFt
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,927 sqft

Price per Sqft $416

Subdivision Progresso 2-18 D

MLS Listing ID F10541362

Style Duplex

Construction Status Resale

Year Built 1962

Annual Tax Amount $12,107

Tax Year 2024

Property Sub-Type Duplex

Property Description

FULLY RENOVATED INVESTMENT PROPERTY 7% Cap Rate—CASH 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.

Location

State FL

County Broward County

Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810)

Zoning RD-15

Interior

Heating Heat Pump/Reverse Cycle

Cooling Other

Flooring Tile Floors, Vinyl Floors

Exterior

Exterior Feature Exterior Lights, Fence, High Impact Doors, Patio

Water Access Desc None

Roof Type Metal Roof

Building

Lot Description Less Than 1/4 Acre Lot, West Of Us 1

Story 1.0000

Foundation Concrete Block Construction

Sewer Municipal Sewer

Construction Status Resale

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition As Is, Disclosure

Virtual Tour https://www.propertypanorama.com/1202-NE-3rd-Ave-Fort-Lauderdale-FL-33304/unbranded

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BeachesMLS Matrix (RAPB-F prefix)
Listed by Dalton Wade Inc

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Graceann Tinney

Graceann Tinney

Agent | RSRS344523

+1(267) 373-8244

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1202 NE 3rd Ave

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