Multifamily in Fort Lauderdale, FL 33311

South Middle River, 1509 NW 3rd Ave

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!