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    1123 NE 3rd Avenue , 1-2

    Fort Lauderdale, FL 33304
    • $675,000
    • STATUS: Active
    • ON SITE: 30 days
    • ID#: RX-10715990
    $675,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,491
      SQFT
    • $271
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1983
    County:

    School Ratings & Info

    Description

    Incredible investment opportunity with excellent location in the heart of the city's hot, new redevelopment district! Minutes from beautiful Fort Lauderdale beach, The Galleria's exclusive shops, fabulous Wilton Manors, Flagler Village and Las Olas! Large 3/2 duplex, with separate entries, on DOUBLE lot; one side completely renovated in 2021, includes impact windows; quartz counters in kitchen/bath; and stainless steel appliances. Both units have new washers/dryers ; maintenance free, private, fenced in backyards; newer roof and a/c. Separate meters for electricity/water. TENANTS IN PLACE with annual leases! 8% CAP RATE!

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    www.palmbeachcountyhomesearch.com/homes/117211818
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    1123 NE 3rd Avenue , 1-2 Fort Lauderdale, FL 33304

    • Price: $675,000
    • Status: Active
    • ID#: RX-10715990
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    2,491
    SQFT
    $271
    $/SQFT
    1983
    Built
    Neighborhood:
    Progresso
    County:
    Broward
    Area:
    Fort Lauderdale
    Property Description
    Incredible investment opportunity with excellent location in the heart of the city's hot, new redevelopment district! Minutes from beautiful Fort Lauderdale beach, The Galleria's exclusive shops, fabulous Wilton Manors, Flagler Village and Las Olas! Large 3/2 duplex, with separate entries, on DOUBLE lot; one side completely renovated in 2021, includes impact windows; quartz counters in kitchen/bath; and stainless steel appliances. Both units have new washers/dryers ; maintenance free, private, fenced in backyards; newer roof and a/c. Separate meters for electricity/water. TENANTS IN PLACE with annual leases! 8% CAP RATE!
    Exterior Features

    Carport Spaces 0.00 Construction CbsStucco Exterior Features FenceOpen Patio Lot Description < 1/4 Acre Private Pool YN No Roof Comp Shingle Unit1 Parking Space Parking Unit2 Parking Space Parking Waterfront Description None Waterfront YN No

    Interior Features

    Cooling CentralElectric Flooring Ceramic Tile Heating CentralElectric Unit1 Bedrooms 3 Unit1 Desc DryerElectric MeterKitchenRange - ElectricRefrigeratorWasher Unit1 Full Baths 2 Unit1 Furnished No Unit1 Sq Ft 1245 Unit2 Bedrooms 3 Unit2 Desc DryerElectric MeterKitchenMicrowaveRange - ElectricRefrigeratorWasher Unit2 Full Baths 2 Unit2 Furnished No Unit2 Sq Ft 1245 Unit3 Sq Ft 0 Unit4 Sq Ft 0

    Property Features

    Annual Net Operating Income 34824.00 Annual Total Expenses 10675.00 Available Info DepositLeases Built Desc Resale Gross Operating Income 45600.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Duplex Possession At ClosingFunding REO No Restrictions None Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Sq Ft Total 2491.00 Subdivision Amenities None Tax Amount 5675.10 Tax Year 2020 Taxes City/CountyNo Homestead Tenant Pays CableElectricSewerWater Terms Considered CashConventional Unit1 Monthly Income 1450.00 Unit2 Monthly Income 2350.00 Unit3 Monthly Income 0.00 Unit4 Monthly Income 0.00 Utilities ElectricPublic SewerPublic Water Zoning Residential

    Listing provided courtesy of Keller Williams Realty Boca Raton. Listing information © 2021 BeachesMLS
     
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