741 NW 3rd Ave Active

Fort Lauderdale,FL 33311

$ 849500

- Bed

- Bath

1824 SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,824 sqft

Price per Sqft $465

Subdivision Progresso 2-18 D

MLS Listing ID F10438796

Style Fourplex

Year Built 1960

Annual Tax Amount $8,387

Tax Year 2023

Property Description

741 NW 3 Ave, Fort Lauderdale is a unique opportunity to own a 4 unit working investment in a bustling urban-core.

Progresso, and the nearby Flagler Village are the main areas outside of downtown Fort Lauderdale that are exploding with development, with 5 large 100+ units being developed within 4 blocks of the property.

All units are recently upgraded, reduced insurance rate due to hurricane impact doors & windows, AC mini-split systems, new stainless steel appliances, and updated landscaping.

Enjoy a strong cashflow right from the start and let the property appreciate.

Possibility to develop property into 3 Luxury Townhome Project

Location

State FL

County Broward County

Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)

Zoning RMM-25

Interior

Heating Zoned Heat

Cooling Zoned Cooling

Flooring Ceramic Floor

Exterior

Community Features Gated Community

Waterfront No

Water Access N

Roof Type Comp Shingle Roof

Building

Lot Description Less Than 1/4 Acre Lot

Story 1.0000

Foundation Cbs Construction

Sewer Municipal Sewer

Others

Acceptable Financing Cash,Conventional,FHA,VA

Listing Terms Cash,Conventional,FHA,VA

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