FL > Fort Lauderdale > Progresso
Fort Lauderdale, FL 33304,1013 NE 3rd Ave
Fort Lauderdale, FL 33304,1013 NE 3rd Ave
Fort Lauderdale, FL 33304,1013 NE 3rd Ave
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Bernadette Bunch

Bernadette Bunch

+1(772) 200-4191
$390,000
Est. payment /mo
2,363 SqFt
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UPDATED:

02/04/2025 06:31 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,363 sqft

Price per Sqft $165

Subdivision Progresso

MLS Listing ID A11735490

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1973

Annual Tax Amount $1,913

Tax Year 2024

Property Description

Nestled within a sought-after Opportunity Zone, this fourplex offers an exceptional investment prospect with substantial growth potential, a welcome addition to any real estate portfolio. Subject is zoned multi-family 2-9 units; surrounding properties include vacant land, single-family and religious use spaces, providing a diverse landscape and the prospect of an assemblage within an Opportunity Zone that could potentially encompass up to 2.71 acres. Currently operated as low-income housing by a non-profit, the property is priced based on existing rental income and offers considerable upside potential, redevelopment opportunities, or repositioning in line with market demand in a rapidly developing area, with the added benefit of unlocking potential tax incentives for qualified investors.

Location

State FL

County Broward

Community Progresso

Area 3370

Interior

Heating Other

Cooling Wall/Window Unit(s)

Flooring Other

Window Features Double Hung,Metal

Exterior

Pool None

Utilities Available Cable Available

Roof Type Flat

Total Parking Spaces 5

Building

Lot Description Flood Zone, Interior Lot

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 494234048690

Acceptable Financing Cash

Listing Terms Cash

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Listed by Berkshire Hathaway HomeServices Florida Realty
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(772) 200-4191

bernadette@bernadettebunch.com

3591 NW FEDERAL HWY, JENSEN BEACH, Florida, 34957, USA

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1013 NE 3rd Ave