1026 Ne 9th Avenue, Fort Lauderdale, FL

$800,000

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1,892

Square feet

About 1026 Ne 9th Avenue

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.

Features of 1026 Ne 9th Avenue

MLS® # A12087752
Price $800,000
Square Footage 1,892
Year Built 1980
Type Multi-Family
Sub-Type Triplex
Status New

Community Information

Address 1026 Ne 9th Avenue
Area 3380
Subdivision PROGRESSO
City Fort Lauderdale
County Broward
State FL
Zip Code 33304
HOPA No Hopa

Amenities

Utilities Cable Available
Is Waterfront No
Has Pool No

Interior

Heating Window/Wall
Cooling Wall/Window Unit(s)
# of Stories 1

Exterior

Roof Shingle
Construction CBS

School Information

Elementary Bennett
Middle Sunrise
High Fort Lauderdale

Additional Information

Zoning RMM-25
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSamson Companies, LLC

Listing Map

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