About 1033 Nw 3rd Ave
INCOME OPPORTUNITY! Fourplex with a monthly rent totaling $8,350. Substantial and consistent cash flow, providing an excellent return on investment. Income Opportunity Investment: Priced at $1,250,000, this property offers exceptional value, ensuring a quick return on your investment with its robust rental income stream. Fully remodeled in 2023, this property boasts modern amenities including Central AC units installed in 2021, and coin laundry facilities, appealing to both tenants and investors. Situated in an area of growth with recent new constructions, this property holds immense potential for future appreciation and growth. Expansion Potential: With 08 Zoning allowing for additional units to be developed.
Features of 1033 Nw 3rd Ave
| MLS® # | A11569837 |
|---|---|
| Price | $1,250,000 |
| Square Footage | 4,485 |
| Year Built | 1958 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Style | Fourplex |
| Status | Active |
Community Information
| Address | 1033 Nw 3rd Ave |
|---|---|
| Area | 3390 |
| Subdivision | PROGRESSO |
| City | Fort Lauderdale |
| County | Broward County |
| State | FL |
| Zip Code | 33311-6278 |
Amenities
| Utilities | Cable Available |
|---|---|
| # of Parking Spaces | 8 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Flooring | Vinyl |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Roof | Other |
|---|---|
| Construction | Block |
| Lot Features | 1/4 to 1/2 Acre Lot |
| Sewer | Public Sewer |
Additional Information
| Date Listed | April 15th, 2024 |
|---|---|
| Days on Market | 31 |
| Zoning Description | RMM-25 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Rent Includes | Water |
| Year Built Details | Resale |
| Tax Annual Amount | $13,564 |
| Tax Year | 2023 |
| Buyer Agent Compensation | 3.0% |
Unit 1 Details
| Beds | 2 |
|---|---|
| Baths | 1.00 |
| Rent | $2,400 |
| Features | Parking:Other Parking, Range, Refrigerator |
| Furnished | Unfurnished |
Unit 2 Details
| Beds | 2 |
|---|---|
| Baths | 1.00 |
| Rent | $2,000 |
| Features | Parking:Other Parking, Electric Meter, Range, Refrigerator |
| Furnished | Unfurnished |
Unit 3 Details
| Beds | 2 |
|---|---|
| Baths | 1.00 |
| Rent | $1,950 |
| Features | Parking:Other Parking, Electric Meter |
| Furnished | Unfurnished |
Unit 4 Details
| Beds | 2 |
|---|---|
| Baths | 1.00 |
| Rent | $2,000 |
| Features | Parking:Other Parking, Electric Meter, Range, Refrigerator |
| Furnished | Unfurnished |
Listing Details
| Office | United Real Estate Miami |
|---|