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

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1044 NE 10th Avenue, Fort Lauderdale, FL 33304

Price
Price:
$649,900.00
Original List Price:
$649,900.00
List Price per Sq Ft (Calculated, Approx.):
$459.94
Lease Details
Tenant Pays:
Electricity
Property Status and Type
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
Measures
Living Area:
1,413 Sqft
Built-Up Area:
1,413 Sqft
Building Area Source:
Other
Living Area Source:
Other
Lot Size Acres:
0.12
Property Features
Waterfront:
No
Accessibility:
Accessible Common Area
Air Conditioning
Air Conditioning System:
Electric
Heating
Heating System:
Electric, Separate Meters
Fence:
Back Yard
Construction
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
Taxes and Expenses
Tax Annual Amount:
$8,153.41
Tax Year:
2025
Tax Assessed Value:
$318,100.00
Property Tax Details:
Other Exemption
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Not Available
Water Source:
Public
Community
Pets Allowed?:
Yes, No Restrictions
Subdivision Name:
PROGRESSO
Senior Community:
No
Restrictions:
No Restrictions
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Documents Available:
Other Available Information
Listing Terms Considered by Seller:
Cash, Conventional, FHA, VA Loan
Buyer Possession:
Close Of Escrow
Zoning and Legal
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
Public Schools Assigned
Elementary School:
Liberty (broward)
High School:
Fort Lauderdale
Middle Or Junior School:
Sunrise
Listing History
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
Additional Information
Courtesy of:
Old RE Property Solutions, LLC
Attribution:
Not provided
Location
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
Property Map

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Neighborhood Stats

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

Median Household Income $84,951
Median Home Value $556,400
Median Rent $1,727/mo
Median Age 46
Population 18,566
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Association of REALTORS®
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