1509 3rd Ave ,Detached, Triplex, Progresso for Sale

1509 3rd Ave for Sale

Price $699,000.00

• Lot size 2040
• Year Build 1938
• Waterfront
• Zip 33311
• Style Detached
• Parking Description
• Pool Yes
• Status Pending

Description

Great investment opportunity in a booming neighborhood that could generate approximately $9,500 / month! Three legal units situated on a double lot. The main home is a 3 / 1, being operated as an AirBnB that could generate approximately $5,500 per month. Fenced backyard area, central AC, and recently renovated. The 2nd unit is a 1 / 1 with an additional room, backyard, renovated kitchen, and new central AC system. This unit is currently rented at $1,600 per month. The 3rd unit is a studio recently rented to a mid-term tenant at $2,000 per month, but could generate approximately $2,500 per month as a short-term rental. There are approximately 6 off-street parking spaces. Units 1 and 3 are fully furnished. Shared washer/dryer for property. Huge revenue and future development potential!

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=

PROGRESSO 2-18 D LOT 10,11 N 40 BLK 31

1/4 To Less Than 1/2 Acre Lot

Great investment opportunity in a booming neighborhood that could generate approximately $9,500 / month! Three legal units situated on a double lot. The main home is a 3 / 1, being operated as an AirBnB that could generate approximately $5,500 per month. Fenced backyard area, central AC, and recently renovated. The 2nd unit is a 1 / 1 with an additional room, backyard, renovated kitchen, and new central AC system. This unit is currently rented at $1,600 per month. The 3rd unit is a studio recently rented to a mid-term tenant at $2,000 per month, but could generate approximately $2,500 per month as a short-term rental. There are approximately 6 off-street parking spaces. Units 1 and 3 are fully furnished. Shared washer/dryer for property. Huge revenue and future development potential!

City:Fort Lauderdale,Roof:1:Shingle,Zoning:RDS-15,Cooling:1:Central Air,2:Wall/Window Unit(s),List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Flooring:1:Vinyl,Latitude:26.1459758,Cooling Y N:1,Heating Y N:1,List Price:699000,Listing Id:A11612556,Longitude:-80.1475431,Mls Status:Pending,Year Built:1938,Living Area:2000,Postal Code:33311,Street Name:3rd Ave,Coordinates:1:26.1459758,Photos Count:39,Building Name:PROGRESSO,Days On Market:43,Listing Terms:1:Conventional,2:FHA,3:VA Loan,Lot Size Units:Square Feet,M I A M I R E_ Area:3390,M L S Area Major:Progresso,On Market Date:2024-06-25,Parcel Number:494234016180,Parking Total:6,Property Type:Residential Income,Rent Includes:1:Gardener,2:Sewer,3:Trash Collection,4:Water,Stories Total:1,Street Number:1509,M I A M I R E_ Style:Triplex,Public Remarks:Great investment opportunity in a booming neighborhood that could generate approximately $9,500 / month! Three legal units situated on a double lot. The main home is a 3 / 1, being operated as an AirBnB that could generate approximately $5,500 per month. Fenced backyard area, central AC, and recently renovated. The 2nd unit is a 1 / 1 with an additional room, backyard, renovated kitchen, and new central AC system. This unit is currently rented at $1,600 per month. The 3rd unit is a studio recently rented to a mid-term tenant at $2,000 per month, but could generate approximately $2,500 per month as a short-term rental. There are approximately 6 off-street parking spaces. Units 1 and 3 are fully furnished. Shared washer/dryer for property. Huge revenue and future development potential!,County Or Parish:Broward County,List Office Name:Lokation,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Back On Market,Postal Code Plus4:5549,Property Sub Type:Triplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:PROGRESSO,Tax Annual Amount:10189,Unparsed Address:1509 NW 3rd Ave, Fort Lauderdale FL 33311,Exterior Features:1:Fruit Trees,Listing Agreement:Exclusive Agency,Year Built Details:Effective Year Built,Building Area Total:2040,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:349.5,Original List Price:715000,Previous List Price:715000,Public Survey Range:49,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Number Of Units Total:3,Syndication Remarks:Great investment opportunity in a booming neighborhood that could generate approximately $9,500 / month! Three legal units situated on a double lot. The main home is a 3 / 1, being operated as an AirBnB that could generate approximately $5,500 per month. Fenced backyard area, central AC, and recently renovated. The 2nd unit is a 1 / 1 with an additional room, backyard, renovated kitchen, and new central AC system. This unit is currently rented at $1,600 per month. The 3rd unit is a studio recently rented to a mid-term tenant at $2,000 per month, but could generate approximately $2,500 per month as a short-term rental. There are approximately 6 off-street parking spaces. Units 1 and 3 are fully furnished. Shared washer/dryer for property. Huge revenue and future development potential!,Listing Contract Date:2024-06-25,Originating System I D:miamire,Public Survey Section:34,Showing Instructions:Appointment Only,Call Listing Agent,Street Number Numeric:1509,Tax Legal Description:PROGRESSO 2-18 D LOT 10,11 N 40 BLK 31,Public Survey Township:49,Construction Materials:1:Stone,2:Wood Siding,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:1929,M I A M I R E_ Internet Remarks:The square footages are approximate. Property located in the growing South Middle River area of Ft. Lauderdale.,Contract Status Change Date:2024-06-25,Internet Address Display Y N:1,Number Of Units In Community:3,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:349.5,