Triplex in 1044 NE 10th Avenue, Fort Lauderdale, FL 33304 for sale with MLS# B26068708
This triplex in Fort Lauderdale's Progresso subdivision offers a compelling investment opportunity. Excellent income-producing property legally configured as a duplex with massive value-add potential. The property features stable cash flow across three currently occupied spaces, with the immediate ability to capitalize on a pre-configured 4th unit. The property comprises 1,413 square feet of finished living space across a single-story layout, providing straightforward ownership and management. As a residential income property, it delivers multiple revenue streams from one strategically positioned asset. Located in the established Progresso community, this triplex presents a tangible path to building equity while generating consistent returns. Unit 1 (Efficiency): Generates $1,200/month in rental income. Unit 2 (1BR / 1BA): Generates $1,500/month in rental income. Unit 3 (2BR / 2BA): Generates $1,950/month in rental income.Value-Add Potential: The 2BR/2BA space is already physically split and closed off into two distinct sections, each featuring its own private exterior entry. It is currently being leased to a single family as a whole 2/2. However, a future investor can effortlessly lease them out separately to maximize yield:Side A: A complete 1BR/1BA setup with a full kitchen.Side B: A standalone 1BR/1BA efficiency setup. Electric: The 2BR/2BA unit has its own separate electric meter and those tenants pay their own electric bill directly. The other units share a combined electric meter paid for by the owner. Water: Master metered for the entire building and paid for by the owner. Water Bill approximately $165.00 a month for the building FPL for the efficiency and 1/1 are approximately $150 a month garbage included in the water bill
1044 NE 10th Avenue, Fort Lauderdale, FL 33304
- Price:
- $649,900.00
- Original List Price:
- $649,900.00
- List Price per Sq Ft (Calculated, Approx.):
- $459.94
- Tenant Pays:
- Electricity
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Triplex
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- August 26, 2026 6:25 pm
- Living Area:
- 1,413 Sqft
- Built-Up Area:
- 1,413 Sqft
- Building Area Source:
- Other
- Living Area Source:
- Other
- Lot Size Acres:
- 0.12
- Waterfront:
- No
- Accessibility:
- Accessible Common Area
- Air Conditioning
- Air Conditioning System:
- Electric
- Heating
- Heating System:
- Electric, Separate Meters
- Fence:
- Back Yard
- Year Built:
- 1954
- Roof:
- Shingle
- Number of Units Total:
- 3
- Levels:
- One
- Construction Materials:
- Stucco, CBS
- Flooring:
- Tile, Ceramic Tile
- Number of stories:
- 1
- Number of Units in the Community or Building:
- 3
- Flood Zone Code:
- AE,X
- Property Condition:
- Resale
- Tax Annual Amount:
- $8,153.41
- Tax Year:
- 2025
- Tax Assessed Value:
- $318,100.00
- Property Tax Details:
- Other Exemption
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Not Available
- Water Source:
- Public
- Pets Allowed?:
- Yes, No Restrictions
- Subdivision Name:
- PROGRESSO
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease
- Documents Available:
- Other Available Information
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA, VA Loan
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- PROGRESSO 2-18 D W 67.5 OF LOTS 46 TO 48 BLK 176
- Real Estate Folio Number (Parcel Number):
- 494234047100
- Zoning:
- RMM-25
- Elementary School:
- Liberty (broward)
- High School:
- Fort Lauderdale
- Middle Or Junior School:
- Sunrise
- Active on the market since:
- August 26, 2026
- Listing Agreement executed on:
- August 26, 2026
- Listing Status Last Changed On:
- August 26, 2026 6:25 pm
- Photos updated on:
- August 26, 2026 6:25 pm
- Last Modified:
- August 26, 2026 6:51 pm
- Courtesy of:
- Old RE Property Solutions, LLC
- Attribution:
- Not provided
- Street Name:
- 10th
- Street Number:
- 1044
- City:
- Fort Lauderdale
- State:
- Florida
- Zip Code:
- 33304
- County:
- Broward
- Latitude:
- N26° 8' 19.6''
- Longitude:
- W81° 52' 0''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- NE

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates