Home » Fort Lauderdale » 1013 NE 3rd Ave, Fort Lauderdale, FL 33304 | A11735490

Fourplex (Quadruplex) For Sale 1013 NE 3rd Ave, Fort Lauderdale, FL 33304

$390,000

Property Highlights

Listing ID A11735490 Status of this Listing: Active For Sale Newly Listed Property Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Living Space 2,363 Sqft/219.53 m2 approx. Building Area 2,363 Sqft/219.53 m2 approx. Year Built 1973 Time of this property on Rebonus 0 Day(s)

1013 NE 3rd Ave, Fort Lauderdale, FL 33304

Property Description: Nestled within a sought-after Opportunity Zone, this fourplex offers an exceptional investment prospect with substantial growth potential, a welcome addition to any real estate portfolio. Subject is zoned multi-family 2-9 units; surrounding properties include vacant land, single-family and religious use spaces, providing a diverse landscape and the prospect of an assemblage within an Opportunity Zone that could potentially encompass up to 2.71 acres. Currently operated as low-income housing by a non-profit, the property is priced based on existing rental income and offers considerable upside potential, redevelopment opportunities, or repositioning in line with market demand in a rapidly developing area, with the added benefit of unlocking potential tax incentives for qualified investors.

Useful Info

Original List Price:$390,000

Lease Details

Rent Includes:
  • Other

Land Lot (Parcel) Details

Lot Features:
  • Interior Lot
  • Flood Zone
Lot Size Unit:Square Feet

Construction

Builder Model:FOURPLEX
Year Built Details:
  • Resale
Architectural
Style:
  • Fourplex
Levels:One
Construction Materials:
  • Block
Flooring:
  • Other
Stories:1

Property Features

Waterfront:No
Roof:
  • Flat
Window Features:
  • Metal
  • Double Hung
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)
Heating System:
  • Other

Taxes and Expenses

Tax Annual Amount:$1,913

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2024
Property Tax Status:Tax Reflects No Homestead Exemption

Terms

Documents Available:
  • Other
  • Lease
  • Contract(s)
Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Tenant
Buyer Possession:
  • Subject To Tenant Rights
Lease Considered:No

Community

Subdivision Name:PROGRESSO
Senior Community:No
Development Name:OPPORTUNITY ZONE!

Parking

Parking Total Spaces:5
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available

More Details

Other Information:
Tax InformationTax Reflects No Homestead Exemption
Flood ZoneAE-6
Type of AssociationNone
StyleFourplex
FEMA Flood Zone DesignationsAE
Ref1104206419
Subdivision Number4

Zoning and Legal

Tax Legal Description:PROGRESSO 2-18 D LOT 17,18 BLK 184
Real Estate Folio Number (Parcel Number):494234048690
Zoning Description:RD-15
Public Survey Range:49
Public Survey Section:34

Listing History

Update/EventDate/Days
Published Date:February 3, 2025 11:49 am
On Market Date:February 1, 2025
Price Change Date Time:January 30, 2025 4:37 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:February 3, 2025 11:49 am
Status Last Changed:February 3, 2025 11:49 am
Photos Last Modified:February 3, 2025 5:02 pm
Last Modified:February 3, 2025 5:38 pm
Days on the Market Reference Date:February 3, 2025
Days on the Market (updated on Last Modified*):2
Cumulative Days on the Market (updated on Last Modified**):2

Additional Information

Lot Size Range:Flood Zone Lot,Interior Lot
Number of Photos:34
Location:,,Flood Zone Lot,Interior Lot
Included:,,
Geographical Area:Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
Area:3370
Automated Valuation Display:Yes
Courtesy of:Berkshire Hathaway HomeServices Florida Realty
Universal Property Id:US-12011-N-494234048690-R-N

Location

Show Property Address:Yes
Street Name:3rd Ave
Street Number:1013
Street Direction Prefix:NE
Street Address:1013 NE 3rd Ave
City : Fort Lauderdale
State : Florida
Zip Code : 33304
County : Broward
Full Address:1013 NE 3rd Ave, Fort Lauderdale, FL 33304
Latitude:N26° 8' 14.9''
Longitude:W81° 51' 29.9''

Neighborhood

Postal City:Fort Lauderdale

Property Map