1013 NE 3rd Ave
Fort Lauderdale, FL 33304
- – beds
- – baths
- 2,363 sqft
- $165 per sqft
- 1973 build
- – on site
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.
Last checked:
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Last updated Feb 6, 2025
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MLS# A11735490 —
The Building
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Year Built:1973
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Year Built Details:Resale
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Construction Materials:Block
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Builder Model:FOURPLEX
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Architectural Style:Fourplex
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Stories:1
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Levels:One
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Roof:Flat
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Window Features:DoubleHung, Metal
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Building Area Total:2363.0
Interior
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Flooring:Other
Room Dimensions
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Living Area:2363.0
The Property
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Parcel Number:494234048690
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Property Type:ResidentialIncome
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Zoning Description:RD-15
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Lot Features:FloodZone,InteriorLot
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Lot Size Units:SquareFeet
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (305) 898-7028
- Office phone:
- (305) 898-7028
Taxes
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Tax Year:2024
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Tax Annual Amount:$1,913
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Tax Legal Description:PROGRESSO 2-18 D LOT 17,18 BLK 184
The Listing
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Virtual Tour Unbranded:
Heating & Cooling
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Heating:Other
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Cooling:WallWindowUnits
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Cooling:true
Utilities
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Utilities:CableAvailable
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Sewer:PublicSewer
The Community
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Subdivision Name:Progresso
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Pool Features:None
Parking
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Parking Total:5.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/3/25
Feb 3, 2025
|
Listed / Active | MLSM | $390,000 |
