About this home
Exceptional turnkey investment in a PRIME Fort Lauderdale location! Just 5 minutes to Downtown and Wilton Manors, 10 minutes to the beach! Fully renovated, generating $8,550/month ($102,600/year). Public records show a duplex, currently configured as 5 rentable spaces: 2 studios, 2 1BR/1BA and 1 2BR/1BA. Upgrades include new A/C in ALL units, metal roof, impact windows/doors, solar panels, modern appliances, in-unit W/D, water filtration, Ring security, fresh landscaping, new asphalt, 2 EV chargers and 6 parking spaces! Two buildings connected by a covered breezeway, plus a gated patio. Solar loan balance approx. $200,000; lender permits transfer to new owner. An impressive income-producing opportunity in a sought-after location! Schedule your showing today! 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
Financial3 property facts
- Annual taxes
- $12,625
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
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
- $0
Listing annual taxes: $12,625. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance 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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