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1202 NE 3RD Avenue

$1,210,000

1202 NE 3RD Avenue, Fort Lauderdale, FL 33304

Active
Last Updated: 08/27/2026

2,312 sqft

Building Size

2

Units

Details:
Building Size:    2,312 sqft
Units:    2
Year Built:    1962
Floors:    1
Gross Leaseable Area:    1,686
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot, Less Than 1 Acre, West Of US 1, Fenced
  • Building Features: Barbeque
  • Bathrooms Total: 0
  • Documents Available: Copies Of Lease(S)
  • Architectural Style: One Story
  • Cooling: Electric, Other
  • Heating: Electric, Heat Pump/Reverse Cycle
  • Flooring: Tile, Vinyl, Wood
  • Construction Materials: Concrete Block Construction, Stucco
Description:

Fully renovated investment property in an A+ location, just 5 minutes to Downtown Fort Lauderdale and Wilton Manors and 10 minutes to the beach. Public records indicate a duplex; currently operating as 5 rentable spaces: 2 studios, 2 one-bedroom/one-bath units, and 1 two-bedroom/one-bath unit, producing $8,550/month gross ($102,600/year). Features include a new metal roof, impact windows and doors, solar panel system to offset operating costs, new asphalt and landscaping, property-wide water filtration, Ring cameras with 24/7 monitoring, 2 separate buildings connected by a breezeway with hurricane-rated roof, gated common patio, new appliances, in-unit W/D in all units, EV charger, and 6 off-street parking spaces. Turnkey income-producing property in a prime rental location. 1 Studio: $1000 2 2/1: $2600 3 Studio: $1500 4 1/1: $1650 5 1/1: $1800 Total:$8550 All utilities are included

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