Multifamily in Fort Lauderdale, FL 33304
South Middle River, 1013 NE 3rd Ave #1-4

2,363
SqFt
Status
Sold - Mar 13, 2025
Size
2,363 SqFt (220 m2)
Price
$218/SqFt ($2,346/m2)
Type
Multifamily
Built
1973
MLS Number
A11735490
On Site
585 Days
Updated
14 Days ago
Page Views
0
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.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Other
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Other
        • Windows/Treatment: DoubleHung,Metal
        • Year Built: 1973
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-02-03T11:49:55.000-00:00
          Taxes, Fees & More
          • Taxes: 1913

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          Price History

          Current
          $515K
          High
          $515K
          Low
          $390K
          Total Change
          32.1%
          $530K$453K$375KJan 25Mar 25
          Date
          Event
          Price
          Change
          Price Per
          03/13/2025
          Sold
          $515K
          32.05%
          $218 ft2
          $2,346 m2
          01/30/2025
          Listed
          $390K
           
          $165 ft2
          $1,777 m2
          03/13/2025
          $515K
          Event
          Sold
          Change
          32.05%
          Price Per
          $218 ft2
          $2,346 m2
          01/30/2025
          $390K
          Event
          Listed
          Price Per
          $165 ft2
          $1,777 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Terri Dominguez • Berkshire Hathaway HomeServices Florida Realty • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Somewhat Walkable. Some errands can be accomplished on foot
          67

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          43

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          63

          100
          Sound Score®
          Very loud
          74

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          29

          100
          Local Score
          Limited local amenities nearby
          1

          100
          Community Snapshot
          2 – 7 BR
          Bedrooms
          $140K – $2.5M
          Price Tier
          664 - 7,318
          SqFt Range
          1954
          Year Build
          1
          Total Floors

          Subdivision Amenities

          None

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          South Middle River Communities in Fort Lauderdale, FL