About this home
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
Listing last checked: Listing updated:
Listed by Gary Gofman · Gofman Real Estate Group · MLS #B26068659
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Details at a glance
Interior3 property facts
- Heating
- Electric, Heat Pump
- Cooling
- Ductless, Electric, Heat Pump, Other
- Flooring
- Tile, Vinyl, Wood
Building4 property facts
- Style
- Quadruplex
- Year built
- 1962
- Parking
- 6
- Roof
- Metal
Land & utilities4 property facts
- Lot size
- 0.16 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RD-15
Financial2 property facts
- Annual taxes
- $12,625
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $900,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$5,603 / monthAdjust
- Principal & interest
- $4,551
- Property tax
- $1,052
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $12,625. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 1202 NE 3RD Avenue
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