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721 NW 3rd Ave, Fort Lauderdale FL 33311

Commercial Recently Sold
$1,950,000

BTC: 65.00000000

ETH: 975.00000000

Sold on: 2025-08-21
90 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Phenomenal Opportunity to own a 10 unit apartment building in the best location in Fort Lauderdale! The property includes 10 Two Bedroom/1 Bath apts, 13,500 square foot lot, all units have ceramic tile floors, A/C units, shared laundry, Roof is 2024 and zoned RMM-25. This property is located in the heart of Progresso Village, adjacent to Flagler Village, and on the East Side of Sistrunk Blvd Redevelopment Opportunity Zone!! Located in the Center of Redevelopment, Brand New Luxury High Rise properties are approved for construction within 1 block. This amazing property can easily generate $240,000 in annual revenue. Most of the units are month to month. This is an exciting opportunity for any savvy investor interested in South Florida's booming real estate market!!

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1973
Lot:
13500 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features
  • Lot

    • Lot: 13500 Square Feet

    Other Property Information

    • Parcel Number: 494234070340

    • Zoning: RMM-25

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $33,356

  • Source details

    • MLS ID: A11776976

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