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1026 NE 9th Ave, Fort Lauderdale FL 33304

Multi-family For Sale
$800,000

BTC: 10.62205404

ETH: 320.00000000

New
0 room(s)
1,892 sqft

Overview

Rare opportunity to acquire a legal three-unit income property in a very desirable area of Fort Lauderdale with immediate rental income and significant future revenue potential. Located on a quiet dead end street, 2 miles from the beach and Las Olas, as well as just half a mile from Flagler Village. This 5-bedroom, 4-bath triplex consists of two spacious 2-bedroom units plus a furnished 1-bedroom unit previously operated as a short-term rental. Units 1 and 2 are currently leased, with leases expiring in approximately 4–6 months, providing an incoming owner flexibility to continue traditional rentals at higher rates or explore a furnished short-term-rental strategy. Unit 3 is vacant, furnished and ready to operate as a short or long term rental. The property offers 5 onsite parking spaces, separate electric meters, shared laundry, private outdoor areas for Units 1 and 2 and additional outdoor space for unit 3. Recent improvements include interior and exterior painting, multiple newer window AC units and electrical updates. With current long-term income, additional market-rent potential and the possibility of operating multiple furnished rentals, this property offers several investment strategies in one asset.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1980
Lot:
No Data
Heating:
Window/Wall
Price/sqft:
$423
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$539,750
$450K – $675K
Confidence Low
List vs. estimate
$260K above estimate
List $800,000 · +48.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$422
+5.4% vs. city median $401
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,386
2025
Parking
4 spaces
All facts and features
  • Flooring

    • Tile

    Heating

    • Window/Wall

    Cooling

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 494234047310

    • Zoning: RMM-25

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Other financial information

    • Annual tax amount: $12,386

  • Source details

    • MLS ID: A12087752

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 1892

    • Water Source: Municipal Water

    • Subdivision Name: PROGRESSO

Private inquiry
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Market around this address

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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: Samson Companies, LLC