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
$515,000
$390,000
32.1%
Est.Price: ?

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2,363 SqFt

1013 NE 3rd Ave Fort Lauderdale, FL 33304

Est. payment /mo
SOLD DATE : 03/13/2025

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Key Details

Sold Price $515,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,363 sqft

Price per Sqft $217

Subdivision Progresso

MLS Listing ID A11735490

Sold Date 03/13/25

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

Financing Cash

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Listed by Berkshire Hathaway HomeServices Florida Realty
Bought with Berkshire Hathaway HomeServices Florida Realty

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agent

Luigi Devoto

Real Estate Advisor | License ID: 3033828

+1(305) 992-4255

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