Basic Information

  • Type Duplex / Quad Plex / Triplex
  • Subdivision/Complex Progresso 2-18 D
  • Year Built 1962
  • Total Sqft 2,927
  • Date Listed 12/16/2025
  • Days on Market 4
Description

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.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Exterior Features Fence, Security High Impact Doors, Lighting, Patio

Interior Features

  • Adjusted Sqft 2,927Sq.Ft
  • Sqft 2,927 Sq.Ft

Property Features

  • Furnished Info No
  • Lot Description Less Than Quarter Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Progresso 2-18 D
  • Tax Amount $12,107
  • Tax Year 2024

1202 NE 3rd Ave

Fort Lauderdale, FL 33304

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