Closed

South Middle River, 1509 NW 3rd Ave Fort Lauderdale, FL 33311

699,000(-13.09% )
$607,500Price
2,000SqFt

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Details

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Status:
Sold
Size: 2,000 ft2 / 186 m2
Price: $304 ft2 / $3,270 m2
Type: Multi Family
Built: 1938
MLS Number: A11612556
On Site: 322 Days
Updated: 111 Days ago
Page Views: 0
Great investment opportunity in a booming neighborhood that could generate approximately $9,500 / Month! Three legal units situated on a double lot. The main home is a 3 / 1, being operated as an airbnb that could generate approximately $5,500 per month. Fenced backyard area, central ac, and recently renovated. The 2nd unit is a 1 / 1 with an additional room, backyard, renovated kitchen, and new central ac system. This unit is currently rented at $1,600 per month. The 3rd unit is a studio recently rented to a mid-term tenant at $2,000 per month, but could generate approximately $2,500 per month as a short-term rental. There are approximately 6 off-street parking spaces. Units 1 and 3 are fully furnished. Shared washer/dryer for property. Huge revenue and future development potential!

Features

Bedrooms
Bathrooms
Exterior and Lot Features
Exterior Features: Fence, FruitTrees, Lighting, Patio

Price History

01/21/2025

Date

Sold

Event

$607.5K

Price

-13.09%

Change Rate

$304 ft2 / $3,270 m2

Price Per

07/22/2024

Date

Price Reduced

Event

$699K

Price

-2.24%

Change Rate

$350 ft2 / $3,762 m2

Price Per

06/24/2024

Date

Listed

Event

$715K

Price

$358 ft2 / $3,848 m2

Price Per

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

Listed by David TaxmanLokation • Buyer Agency Compensation .

Instant Comparative Market Analysis

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

Unit 1509 NW 3rd Ave – Asking

$304/ft²

(-21%) from Closed Medium $/ft²

Closed Medium $/ft²

$385/ft²
Community $/Price Range (Closed) $200/ft² – $3658/ft²
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