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721 NW 3rd Ave Fort Lauderdale, FL 33311
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Key Details
Sold Price $1,950,000
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,343 sqft
Price per Sqft $265
MLS Listing ID A11776976
Year Built 1973
Annual Tax Amount $33,356
Lot Size 0.310 Acres
Property Sub-Type Multi Family
Property Description
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
State FL
County Broward
Area 3810
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with One Sotheby's Int'l Realty
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