1026 NE 9th Avenue, Fort Lauderdale, FL 33304
- $800,000
- 1,892
- SqFt
- List Price
- $800,000
- Status
- ACTIVE
- Days on Market
- 19
- MLS#
- A12087752
- Subtype
- Residential Income
- Year Built
- 1980
- Living Area
- 1,892
- Subdivision
- Progresso
- Neighborhood
- FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
- MLS Area Major
- 3380
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.
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Additional Information
- Taxes
- $12,386
- Zoning
- RMM-25
- Flooring
- Tile
- Heating
- Wall Furnace
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Block
- Stories
- 1
- Roof
- Shingle
- Elementary School
- Bennett
- Middle School
- Sunrise
- High School
- Fort Lauderdale
Listing courtesy of Samson Companies, LLC. Contact:
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All listings featuring the RAPB + GFLR logo are provided by the Realtors® of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2019 Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.
Agent: Stephen A Greenidge | Email: stephen@successgroupre.com