About 1202 Ne 3rd Ave
FULLY RENOVATED INVESTMENT PROPERTY 7% Cap Rate—CASH ONLY / SOLD AS-IS. A rare A+ location just 5 minutes to Downtown Fort Lauderdale and Wilton Manors, 10 minutes to the beach. Records indicate Duplex; operating as five rentable spaces (non-conforming),2 studios, two 1b/1b, one 2b/1b producing $8,800/m gross ($105,600/y). Investment Highlights: new metal roof, full impact windows & doors, new solar panel system (offsets operating costs), new asphalt & professional landscaping, property-wide water filtration system, RING cameras 24/7 security monitoring, two separate buildings connected by a breezeway with a hurricane-rated roof, beautiful gated common patio between the two buildings, new appliances included, all units have in-unit W/D, EV/charger, six off-street parking spaces.
Features of 1202 Ne 3rd Ave
| MLS® # | F10541362 |
|---|---|
| Price | $1,220,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,927 |
| Year Built | 1962 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Style | Detached |
| Status | Active |
Community Information
| Address | 1202 Ne 3rd Ave |
|---|---|
| Area | 3390 |
| Subdivision | Progresso 2-18 D |
| City | Fort Lauderdale |
| County | Broward County |
| State | FL |
| Zip Code | 33304-1919 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Heat Pump/Reverse Cycle |
|---|---|
| Cooling | Other |
| Fireplace | No |
| # of Stories | 1 |
| Stories | 1.0000 |
Exterior
| Exterior Features | Exterior Lights, Fence, High Impact Doors, Patio |
|---|---|
| Lot Description | Less Than 1/4 Acre Lot, West Of Us 1 |
| Windows | Blinds/Shades, High Impact Windows |
| Roof | Metal Roof |
| Construction | Concrete Block Construction |
Additional Information
| Zoning | RD-15 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Dalton Wade Inc |
|---|