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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1026 NE 9th Ave , Fort Lauderdale, FL 33304
$800,000
Est. Payment: $1,777.78/mo
5 Bed
4 Bath
1892 Sqft
Status: Active | Days on site: 1
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SMSN01 - 3095820,3542565
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House Description

Rare opportunity to acquire a legal three-unit income property in a very desirable area of Fort Lauderdale with immediate rental income and significant future revenue potential. Located on a quiet dead end street, 2 miles from the beach and Las Olas, as well as just half a mile from Flagler Village. This 5-bedroom, 4-bath triplex consists of two spacious 2-bedroom units plus a furnished 1-bedroom unit previously operated as a short-term rental. Units 1 and 2 are currently leased, with leases expiring in approximately 4–6 months, providing an incoming owner flexibility to continue traditional rentals at higher rates or explore a furnished short-term-rental strategy. Unit 3 is vacant, furnished and ready to operate as a short or long term rental. The property offers 5 onsite parking spaces, separate electric meters, shared laundry, private outdoor areas for Units 1 and 2 and additional outdoor space for unit 3. Recent improvements include interior and exterior painting, multiple newer window AC units and electrical updates. With current long-term income, additional market-rent potential and the possibility of operating multiple furnished rentals, this property offers several investment strategies in one asset.

Highlights

Listed by Stephen Greenidge , 954-729-8140 and Dominique Trent , 786-716-5590 Samson Companies, LLC , 703-581-9005.

Property Type

Multi-Family

Year Built

1980

County

Broward

Area

3370

Neighborhood

Progresso

Listing ID

A12087752

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:4
  • Full Bathrooms:
Air Cond:Wall/Window Unit(s)
Fireplaces:
Floor:Tile
Water:Public

Exterior Features

Lot:< 1/4 Acre
Garage Capacity:4
Zoning:RMM-25
Roof:Shingle
Sewer:Public Sewer
Principal Interest
$1,778
Taxes
$1,032

Home Price

$800,000

Loan Details

30 yrs
%

Down Payment

20%
$160,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,777.78 $1,032.17 $0.00 $2,809.94
Yearly $21,333.33 $12,386.00 $0.00 $33,719.33
Total $640,000.00 $371,580.00 $0.00 $1,011,580.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Fort Lauderdale, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.