Multifamily in Fort Lauderdale, FL 33304
South Middle River, 1202 NE 3rd Ave

2,927
SqFt
Status
OFF MARKETExpired
Size
2,927 SqFt (272 m2)
Price
$417/SqFt ($4,487/m2)
Type
Multifamily
Built
1962
MLS Number
F10541362
On Site
269 Days
Updated
184 Days ago
Page Views
0
FULLY RENOVATED INVESTMENT PROPERTY 7% Cap Rate—CASH ONLY / SOLD AS-IS. A rare A+ location just 5 minutes to Downtown Fort Lauderdale and Wilton Manors, 10 minutes to the beach. Records indicate Duplex; operating as five rentable spaces (non-conforming),2 studios, two 1b/1b, one 2b/1b producing $8,800/m gross ($105,600/y). Investment Highlights: new metal roof, full impact windows & doors, new solar panel system (offsets operating costs), new asphalt & professional landscaping, property-wide water filtration system, RING cameras 24/7 security monitoring, two separate buildings connected by a breezeway with a hurricane-rated roof, beautiful gated common patio between the two buildings, new appliances included, all units have in-unit W/D, EV/charger, six off-street parking spaces.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Balcony, OutdoorLivingArea
      Interior, Heating and Cooling
      • Heating Description: HeatPump
      • Cooling Description: Other
      Building and Construction
      • Floor Description: Tile,Vinyl
      • Windows/Treatment: Blinds,ImpactGlass
      • Year Built: 1962
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2025-12-15T19:00:00.000-00:00
        Taxes, Fees & More
        • Maintenance Includes: HotWater
        • Taxes: 12107
        • Real Estate Taxes: 763170
        • Total Floors in Building: 1
        • Total Units in Building: 2
        • Total Units in Complex: 22

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        Price History

        Date
        Event
        Price
        Change
        Price Per
        12/16/2025
        Listed
        $1.2M
         
        $417 ft2
        $4,487 m2
        12/16/2025
        $1.2M
        Event
        Listed
        Price Per
        $417 ft2
        $4,487 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Anastasiia LunevaDalton Wade Inc • Buyer Agency Compensation .

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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