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1202 NE 3RD Avenue, Fort Lauderdale FL 33304

Multi-family For Sale
$1,210,000

BTC: 15.35532995

ETH: 494.07921601

New
0 room(s)
1,686 sqft

Overview

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

Location

Florida • Fort Lauderdale • 33304 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1962
Lot:
0.16 Acres
Heating:
Electric / Heat Pump/Reverse Cycle
Price/sqft:
$718
Cooling:
Electric / Other
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$870,000
$733K – $1.2M
Confidence Low
List vs. estimate
$340K above estimate
List $1,210,000 · +39.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$717
+82.8% vs. city median $392
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,625
2025
Pets
Allowed
All facts and features

  • Flooring

    • Tile

    • Vinyl

    • Wood

    Heating

    • Electric

    • Heat Pump/Reverse Cycle

    Cooling

    • Electric

    • Other

  • Property

    • Exterior Features: West Of Us1 / Barbeque / Other

    Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 494234032600

    • Zoning: RD-15

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Connected

    • Cable Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $12,625

  • Source details

    • MLS ID: B26068659

    Other facts

    • Construction Materials: Concrete Block Construction / Stucco

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre / West Of US 1 / Fenced

    • Patio And Porch Features: Patio

    • Window Features: Blinds / Verticals

    • Architectural Style: One Story

    • Living Area: 1686

    • Water Source: Public

    • Subdivision Name: PROGRESSO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33304
513
median $820K
Active
Same city
Fort Lauderdale
2,722
median $695K
Active
Same type
Multi-family
175
median $894K
Active
Similar price
$847K – $1.6M
479
median $1.1M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Gofman Real Estate Group