925 3rd Ave ,Detached, Quadruplex, Progresso for Sale

925 3rd Ave for Sale

Price $849,900.00

• Lot size 2859
• Year Build 1968
• Waterfront
• Zip 33311
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

MOTIVATED SELLER, Bring All OFFERS! Looking to make a deal. Great Investment Opportunity as Downtown keeps expanding. The beautification of Downtown Ft Lauderdale has been underway for several years with high-rise luxury apartments being built. As the construction keeps moving west, areas in that direction are becoming more and more in demand. The appreciation alone in the very near future makes it worth a look, besides the fact that it's fully rented! Rents are at a moderate rate for fenced in 2 bed units but could definitely use a rent increase! All 4 units are 2 bed/1 bath that share a water meter. All units have separate electrical meters, central A/C and off-street parking. Streets in the area are getting makeovers and the area is definitely a hidden gem for the right investor!

PLEASE DO NOT WALK THE PROPERTY OR KNOCK ON UNIT DOORS. Owner does NOT want to disturb tenants. Viewings can be arranged once there is an executed offer. Buyer to pay Broker Compliance Fee of $795 at closing. Please contact office or Ashley 754-900-8273 for more information.

PROGRESSO 2-18 D LOT 12,13 BLK 207

Less Than 1/4 Acre Lot

MOTIVATED SELLER, Bring All OFFERS! Looking to make a deal. Great Investment Opportunity as Downtown keeps expanding. The beautification of Downtown Ft Lauderdale has been underway for several years with high-rise luxury apartments being built. As the construction keeps moving west, areas in that direction are becoming more and more in demand. The appreciation alone in the very near future makes it worth a look, besides the fact that it's fully rented! Rents are at a moderate rate for fenced in 2 bed units but could definitely use a rent increase! All 4 units are 2 bed/1 bath that share a water meter. All units have separate electrical meters, central A/C and off-street parking. Streets in the area are getting makeovers and the area is definitely a hidden gem for the right investor!

City:Fort Lauderdale,Zoning:RMM-25,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2022,Latitude:26.1358463,Cooling Y N:1,Heating Y N:1,List Price:849900,Listing Id:A11376536,Longitude:-80.1472983,Mls Status:Active,Year Built:1968,Living Area:2859,Postal Code:33311,Street Name:3rd Ave,Coordinates:1:26.1358463,Photos Count:9,Building Name:PROGRESSO,Days On Market:26,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M L S Area Major:Progresso,On Market Date:2023-04-24,Parcel Number:494234055550,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Trash Collection,2:Water,Stories Total:1,Street Number:925,M I A M I R E_ Style:Fourplex,Public Remarks:MOTIVATED SELLER, Bring All OFFERS! Looking to make a deal. Great Investment Opportunity as Downtown keeps expanding. The beautification of Downtown Ft Lauderdale has been underway for several years with high-rise luxury apartments being built. As the construction keeps moving west, areas in that direction are becoming more and more in demand. The appreciation alone in the very near future makes it worth a look, besides the fact that it's fully rented! Rents are at a moderate rate for fenced in 2 bed units but could definitely use a rent increase! All 4 units are 2 bed/1 bath that share a water meter. All units have separate electrical meters, central A/C and off-street parking. Streets in the area are getting makeovers and the area is definitely a hidden gem for the right investor!,Structure Type:1:Fourplex,County Or Parish:Broward County,Expiration Date:2024-04-24,List Office Name:Rent 1 Sale 1 MIA,Private Remarks:PLEASE DO NOT WALK THE PROPERTY OR KNOCK ON UNIT DOORS. Owner does NOT want to disturb tenants. Viewings can be arranged once there is an executed offer. Buyer to pay Broker Compliance Fee of $795 at closing. Please contact office or Ashley 754-900-8273 for more information.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:7498,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:PROGRESSO,Tax Annual Amount:9420,Total Actual Rent:83640,Unparsed Address:925 NW 3rd Ave, Fort Lauderdale FL 33311,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:2859,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:297.2718,Original List Price:989900,Previous List Price:929900,Public Survey Range:49,I D X Participation Y N:1,Syndication Remarks:MOTIVATED SELLER, Bring All OFFERS! Looking to make a deal. Great Investment Opportunity as Downtown keeps expanding. The beautification of Downtown Ft Lauderdale has been underway for several years with high-rise luxury apartments being built. As the construction keeps moving west, areas in that direction are becoming more and more in demand. The appreciation alone in the very near future makes it worth a look, besides the fact that it's fully rented! Rents are at a moderate rate for fenced in 2 bed units but could definitely use a rent increase! All 4 units are 2 bed/1 bath that share a water meter. All units have separate electrical meters, central A/C and off-street parking. Streets in the area are getting makeovers and the area is definitely a hidden gem for the right investor!,Listing Contract Date:2023-04-24,Originating System I D:miamire,Public Survey Section:34,Showing Instructions:Appointment Only,Street Number Numeric:925,Tax Legal Description:PROGRESSO 2-18 D LOT 12,13 BLK 207,Public Survey Township:49,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:2859,Contract Status Change Date:2023-04-24,Internet Address Display Y N:1,Number Of Units In Community:4,Transaction Broker Compensation:2.0%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:297.27,