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 completely 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.

Features
Swimming Pool
Heating System
Cooling System
Roof:
Shingle
Sewer
Address Map
State:
FL
County:
Broward
City:
Fort Lauderdale
Zipcode:
33304
Street:
1026 Ne 9th Ave, Fort Lauderdale, Florida 33304
Longitude:
W81° 51' 56.5''
Latitude:
N26° 8' 15.7''
MLS Addon
Building Area:
1,892 Sqft
Construction Materials:
Block
Cumulative DOM:
7
DOM:
7
Flooring:
Tile
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
494234047310
Subdivision Name:
PROGRESSO
Tax Annual Amount:
$12,386
Utilities
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Residential Income For Sale

1026 Ne 9th Ave, Fort Lauderdale, Florida 33304, Fort Lauderdale, Florida 33304

1,892 Sqft
$800,000
MLS # #A12087752
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$800,000
Square Footage :
1,892 Sqft
Year Built :
1980
MLS # :
A12087752
Agent info
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