Multifamily in Fort Lauderdale, FL 33311
Progresso Village, 925 NW 3rd Ave #1-4

$990K14.1%
$849,900
2,859
SqFt
Status
OFF MARKETExpired
Size
2,859 SqFt (266 m2)
Price
$297/SqFt ($3,200/m2)
Type
Multifamily
Built
1968
MLS Number
A11376536
On Site
1236 Days
Updated
1137 Days ago
Page Views
0
MOTIVATED SELLER, Bring All OFFERS! Looking to make a deal. Great Investment Opportunity as Downtown keeps expanding. The beautification of Downtown Ft Lauderdale has been underway for several years with high-rise luxury apartments being built. As the construction keeps moving west, areas in that direction are becoming more and more in demand. The appreciation alone in the very near future makes it worth a look, besides the fact that it's fully rented! Rents are at a moderate rate for fenced in 2 bed units but could definitely use a rent increase! All 4 units are 2 bed/1 bath that share a water meter. All units have separate electrical meters, central A/C and off-street parking. Streets in the area are getting makeovers and the area is definitely a hidden gem for the right investor!

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Electric
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1968
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-04-24T14:23:38.000-00:00
          Taxes, Fees & More
          • Taxes: 9420

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          Price History

          Current
          $850K
          High
          $990K
          Low
          $850K
          Total Change
          -14.1%
          $1M$920K$833KApr 23May 23May 23
          Date
          Event
          Price
          Change
          Price Per
          05/20/2023
          Price Reduced
          $850K
          -8.6%
          $297 ft2
          $3,200 m2
          05/16/2023
          Price Reduced
          $930K
          -6.06%
          $325 ft2
          $3,501 m2
          04/24/2023
          Listed
          $990K
           
          $346 ft2
          $3,727 m2
          05/20/2023
          $850K
          Event
          Price Reduced
          Change
          -8.6%
          Price Per
          $297 ft2
          $3,200 m2
          05/16/2023
          $930K
          Event
          Price Reduced
          Change
          -6.06%
          Price Per
          $325 ft2
          $3,501 m2
          04/24/2023
          $990K
          Event
          Listed
          Price Per
          $346 ft2
          $3,727 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Luciano Guerra • Rent 1 Sale 1 MIA • Buyer Agency Compensation .

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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          86

          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          51

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          68

          100
          Community Snapshot
          3 – 5 BR
          Bedrooms
          $135K – $2.9M
          Price Tier
          689 - 5,508
          SqFt Range
          2003
          Year Build
          2
          Total Floors

          Subdivision Amenities

          None

          Fort Lauderdale
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          Progresso Village Communities in Fort Lauderdale, FL