Multifamily in Fort Lauderdale, FL 33311South Middle River, 1541 NW 3rd Ave #A-B
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Closed
$550,000
2,014
SqFtStatus
Sold - Oct 31, 2022
Size
2,014 SqFt (187 m2)
Price
$273/SqFt ($2,940/m2)
Type
Multifamily
Built
1972
MLS Number
R10822868
On Site
1496 Days
Updated
36 Days ago
Page Views
0
Investment Opportunity in the South Middle River area of east Ft Lauderdale, ideal for a live-in & income situation, dual income units or AirBnb. Each unit in the duplex offers 2 bed/2 bath with a shared laundry room in the back. Unit A was updated a few years back to include new windows, Unit B has a long-term tenant who has been in place for over a decade and has not been updated. Both units have newer ACs which were replaced within the last 2-3 years. The age of the roof is unknown at this time. Rents are currently well below market value at $1,450 & $1,400, leases end 11/30/22 & 3/31/23. With a little TLC, these units can lease for well above $2,000/side. If considering the AirBnb route, units in the immediate area are going for $98-$218/night off season (check zoning) Conveniently located within a few miles from the beaches, shopping and restaurants!
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Central,Electric
- Cooling Description: CentralAir, CeilingFans, Electric
Building and Construction
- Floor Description: Tile
- Year Built: 1972
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
- Elementary School: Thurgood Marshall
- Middle School: Sunrise
- Senior High School: Dillard 6-12
Other Property Info
- Listing Date: 2022-08-07T17:50:03.000-00:00
Taxes, Fees & More
- Taxes: 6285
- Total Units in Building: 4
- Total Units in Complex: 2
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
09/19/2022
Listed
$550K
 $273 ft2
$2,940 m2
09/19/2022
$550K
Event
Listed
Price Per
$273 ft2
$2,940 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Annelle Ripple • Compass Florida LLC • 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
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South Middle River Communities in Fort Lauderdale, FL
Mid-Tier
Mid-Tier 1
Premium
Premium 1
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