FULLY RENOVATED INVESTMENT PROPERTY 7% Cap Rate--CASH ONLY /

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Lot For Sale

1202 NE 3rd Ave

Fort Lauderdale, Florida 33304

Broward County

Community: Progresso 2-18 D

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$1,220,000 0.000 acres

FULLY RENOVATED INVESTMENT PROPERTY 7% Cap Rate--CASH ONLY / SOLD AS-IS.
A rare A+ location just 5 minutes to Downtown Fort Lauderdale and Wilton Manors, 10 minutes to the beach. Records indicate Duplex; operating as five rentable spaces (non-conforming),2 studios, two 1b/1b, one 2b/1b producing $8,800/m gross ($105,600/y). Investment Highlights: new metal roof, full impact windows & doors, new solar panel system (offsets operating costs), new asphalt & professional landscaping, property-wide water filtration system, RING cameras 24/7 security monitoring, two separate buildings connected by a breezeway with a hurricane-rated roof, beautiful gated common patio between the two buildings, new appliances included, all units have in-unit W/D, EV/charger, six off-street parking spaces.

  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: 
  • Property Taxes: $12,107
  • MLS #: F10541362
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Contact Information:
Beach Lot For Sale in Fort Lauderdale, Florida
Listing Agent: Anastasiia Luneva, Dalton Wade, Inc, 727-888-4175, 888-668-8283 Listing Site, Listing Status: Active
Copyright © 2025 BeachesMLS / Matrix. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6965098
Viewed 2 times.
Updated: Dec 17, 2025

This property is a Lot located at 1202 NE 3rd Ave, Fort Lauderdale, Florida 33304, and is currently For Sale at $1,220,000.