Home » Fort Lauderdale » 1232-1234 3rd Ave, Fort Lauderdale, FL 33304 | F10447181

Triplex Sold 1232-1234 3rd Ave, Fort Lauderdale, FL 33304

$600,000
closed for a price of $580,000

Property Highlights

Listing ID F10447181 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Triplex Living Space 2,000 Sqft/185.81 m2 approx. Year Built 1951 Time of this property from published date until Closing Date 49 Days

1232-1234 3rd Ave, Fort Lauderdale, FL 33304

Property Description: Incredible opportunity to own an income producing triplex in Fort Lauderdale. The property consists of a duplex with identical 1 bedroom 1 bathroom 640sqft units on each side, as well as a larger 1 bedroom 1 bathroom cottage in the back. Two of the properties are currently rented out on a month to month basis with long term tenants that are willing to stay if the new owner would like, and one side of the duplex is currently vacant. The duplex units have recently received various upgrades. The triplex is only a couple of miles from Fort Lauderdale beach making this rental highly desirable and easy to fill with long term rentals, short term rentals, or air bnb. The property AC units are from 2014, storm doors and shutters 2015, and roof 2019.

Useful Info

Contingency:Financing
Previous Asking Price:$650,000
Original List Price:$650,000
Close Price:$580,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Lease Details

Rent Includes:
  • Sewer
  • Trash Collection
  • Water
  • Gardener

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre

Construction

Year Built Details:
  • Resale
Number of Units Total:2
Property Condition:
  • Resale
Levels:One
Construction Materials:
  • Block
  • Frame
Flooring:
  • Tile
  • Laminate
  • Terrazzo
Stories:1

Property Features

Waterfront:No
Exterior Features:
  • Porch
Patio and Porch Features:
  • Open
  • Porch
Roof:
  • Shingle
  • Composition
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Ceiling Fan(s)
  • Wall/window Unit(s)
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$8,223

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:2023
Property Tax Status:Tax Reflects No Exemptions

Terms

Disclosures:
  • Pet On Property
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
  • Va Loan
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Subdivision Name:Progresso
Community Features:
  • Non-gated
Senior Community:No

Parking

Parking Total Spaces:5
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Not Available

More Details

Other Information:
Data exchange original Listing NumberF10447181
Type of AssociationNone

Zoning and Legal

Tax Legal Description:PROGRESSO 2-18 D LOT 41,42 BLK 116
Real Estate Folio Number (Parcel Number):494234032690

Listing History

Update/EventDate/Days
Published Date:June 21, 2024 12:46 pm
On Market Date:June 21, 2024
Listing Contract Date:June 21, 2024
Contingent Date:July 12, 2024
Close Date:August 9, 2024
Price Change Date Time:July 5, 2024 11:25 am
Last Important Update Description:Closed
Date and Time of Last Important Update:August 9, 2024 3:41 pm
Status Last Changed:August 9, 2024 3:41 pm
Photos Last Modified:June 21, 2024 5:10 pm
Last Modified:August 9, 2024 7:41 pm
Days on the Market Reference Date:August 9, 2024
Days on the Market (updated on Last Modified*):21
Cumulative Days on the Market (updated on Last Modified**):21

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot,
Number of Photos:46
Location:,
Included:,,
Geographical Area:Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
Area:3370
Courtesy of:Real Broker, LLC
Universal Property Id:US-12011-N-494234032690-R-N

Location

Show Property Address:Yes
Street Name:3rd Ave
Street Number:1232-1234
Street Address:1232-1234 3rd Ave
City : Fort Lauderdale
State : Florida
Zip Code : 33304
County : Broward County
Full Address:1232-1234 3rd Ave, Fort Lauderdale, FL 33304
Latitude:N26° 8' 30.1''
Longitude:W81° 51' 31.4''

Neighborhood

Postal City:Fort Lauderdale

Property Map