Closed

South Middle River, 1013 NE 3rd Ave Fort Lauderdale, FL 33304

$515,000Price
2,363SqFt

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Details

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Status:
Sold
Size: 2,363 ft2 / 220 m2
Price: $218 ft2 / $2,346 m2
Type: Multi Family
Built: 1973
MLS Number: A11735490
On Site: 100 Days
Updated: 61 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

Price History

03/13/2025

Date

Sold

Event

$515K

Price

32.05%

Change Rate

$218 ft2 / $2,346 m2

Price Per

01/30/2025

Date

Listed

Event

$390K

Price

$165 ft2 / $1,777 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Terri DominguezBerkshire Hathaway HomeServices Florida Realty • Buyer Agency Compensation .

Instant Comparative Market Analysis

$100/ft²
$1,200/ft²
$2,500/ft²
$3,800/ft²

Unit 1013 NE 3rd Ave – Asking

$218/ft²

(-43%) from Closed Medium $/ft²

Closed Medium $/ft²

$385/ft²
Community $/Price Range (Closed) $200/ft² – $3658/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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