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Multifamily in Fort Lauderdale, FL 33304South Middle River, 1202 NE 3rd Ave
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$1,210,000
Beds
1,686
SqFt$718
$/SqFtPremium Multifamily
Built in 1962
Barbecue
Fully renovated investment property in an A+ location, just 5 minutes to Downtown Fort Lauderdale and Wilton Manors and 10 minutes to the beach. Public records indicate a duplex; currently operating as 5 rentable spaces: 2 studios, 2 one-bedroom/one-bath units, and 1 two-bedroom/one-bath unit, producing $8,550/month gross ($102,600/year). Features include a new metal roof, impact windows and doors, solar panel system to offset operating costs, new asphalt and landscaping, property-wide water filtration, Ring cameras with 24/7 monitoring, 2 separate buildings connected by a breezeway with hurricane-rated roof, gated common patio, new appliances, in-unit W/D in all units, EV charger, and 6 off-street parking spaces. Turnkey income-producing property in a prime rental location. 1 Studio: $1000 2 2/1: $2600 3 Studio: $1500 4 1/1: $1650 5 1/1: $1800 Total:$8550 All utilities are included
MLS Number: B26068659
On Site: 23 Days
Updated: 7 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Barbecue, OutdoorLivingArea, Other
Interior, Heating and Cooling
- Heating Description: Electric,HeatPump
- Cooling Description: Ductless, Electric, HeatPump, Other
Building and Construction
- Floor Description: Tile,Vinyl,Wood
- Windows/Treatment: Blinds
- Construction Type: MultiFamily
- Year Built: 1962
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
- Elementary School: North Side
- Middle School: Sunrise
- Senior High School: Fort Lauderdale
Other Property Info
- Listing Date: 2026-08-26T12:56:54.000-00:00
- Pets Allowed: NoPetRestrictions, Yes
Taxes, Fees & More
- Taxes: 12625.35
- Real Estate Taxes: 660000
- Total Floors in Building: 1
- Total Units in Building: 2
- Total Units in Complex: 2
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
08/26/2026
Listed
$1.2M
$718 ft2
$7,725 m2
08/26/2026
$1.2M
Event
Listed
Price Per
$718 ft2
$7,725 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Gary Gofman • Gofman Real Estate Group • Buyer Agency Compensation .
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Scores
67
100
43
100
63
100
74
100
0
100
29
100
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
Fort Lauderdale Premium Premium Homes & Condos
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South Middle River Communities in Fort Lauderdale, FL
Mid-Tier
Mid-Tier 1
Premium
Premium 1
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