1026 Ne 9th Ave, Fort Lauderdale, FL 33304
- $800,000
- 1,892
- SqFt
- List Price
- $800,000
- MLS#
- A12087752
- Sq. Ft
- 1,892
- Subtype
- Triplex
- County
- Broward
- Community
- Progresso
- Subdivision
- Progresso
- Year Built
- 1980
Property Description
Rare opportunity to acquire a legal three-unit income property in a very desirable area of Fort Lauderdale with immediate rental income and significant future revenue potential. Located on a quiet dead end street, 2 miles from the beach and Las Olas, as well as just half a mile from Flagler Village. This 5-bedroom, 4-bath triplex consists of two spacious 2-bedroom units plus a furnished 1-bedroom unit previously operated as a short-term rental. Units 1 and 2 are currently leased, with leases expiring in approximately 4–6 months, providing an incoming owner flexibility to continue traditional rentals at higher rates or explore a furnished short-term-rental strategy. Unit 3 is vacant, furnished and ready to operate as a short or long term rental. The property offers 5 onsite parking spaces, separate electric meters, shared laundry, private outdoor areas for Units 1 and 2 and additional outdoor space for unit 3. Recent improvements include interior and exterior painting, multiple newer window AC units and electrical updates. With current long-term income, additional market-rent potential and the possibility of operating multiple furnished rentals, this property offers several investment strategies in one asset.
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Additional Information
- Status Label
- ACTIVE
- Total Unitsin Complex
- 3
- Construction
- CBS Construction
- Cooling
- Wall/Window Unit(s)
- Flooring
- Tile
- Heating
- Window/Wall
- Lot Description
- Less Than 1/4 Acre Lot
- Roof
- Shingle
- Taxes
- $12,386
- Total Floors
- 1
- Stories
- 1
- Roofing
- Shingle
- Price Per Sqft
- $422
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Listing Courtesy Of Samson Companies, LLC, Contact: