1202 NE 3RD Avenue, Fort Lauderdale, FL 33304 (MLS# B26068659)

1202 NE 3RD Avenue, Fort Lauderdale, FL 33304

$900,000
Property Type: Residential Income Square Footage: 2,312 Status: Active
Current Price: $900,000 List Date: 8/26/2026 Last Modified: 9/24/2026

Overview

Description

Fully renovated investment property in an A+ location, just 5 minutes to Downtown Fort Lauderdale and Wilton Manors and 10 minutes to the beach. Public records indicate a duplex; currently operating as 5 rentable spaces: 2 studios, 2 one-bedroom/one-bath units, and 1 two-bedroom/one-bath unit, producing $8,550/month gross ($102,600/year). Features include a new metal roof, impact windows and doors, solar panel system to offset operating costs, new asphalt and landscaping, property-wide water filtration, Ring cameras with 24/7 monitoring, 2 separate buildings connected by a breezeway with hurricane-rated roof, gated common patio, new appliances, in-unit W/D in all units, EV charger, and 6 off-street parking spaces. Turnkey income-producing property in a prime rental location.

Supplements: 1 Studio: $1000 2 2/1: $2600 3 Studio: $1500 4 1/1: $1650 5 1/1: $1800 Total:$8550 All utilities are included

Listing Details MLS# B26068659

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
2312
Building Area Source
Assessor
Living Area Main
1686
Living Area Source
Assessor
Adjusted Area Main
741
Accessibility Features YN
No
Year Built
1962
Parking Total
6
Gated Community YN
No
Lot Size Area
6756
Lot Size Acres
0.16
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Pool Private YN
No
Spa YN
No
LP/Assessed Value
1.36

Property Features

Documents Available: Copy Of Lease(s) Exterior Features: Barbecue; Other Fencing: Fenced; Gate Flooring: Tile; Vinyl; Wood Leasing Permitted Details: Okay To Lease; Short Term Rentals Allowed Property Condition: Resale Special Listing Conditions: Standard Structure Type: Multi Family Tenant Pays: Cable TV; Electricity; None Construction Materials: Block; Stucco Cooling: Ductless; Electric; Heat Pump; Other Green Energy Generation: Solar Heating: Electric; Heat Pump Laundry Features: In Kitchen; In Unit; Inside Levels: One Listing Terms: Cash Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow; Subject To Tenant Rights Restrictions: No Restrictions Road Frontage Type: West of US-1 Roof: Metal Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County Utilities: Cable Available; Electricity Not Available; Sewer Connected; Water Connected Water Access: None Water Source: Public Window Features: Blinds Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany; No Sign Outdoor Living Spaces: Patio Patio Details: Patio - Open Unit 1 Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Unit 1 Other Equipment: Air Conditioning Unit; Washer/Dryer Hookups Unit 1 Parking Features: Open Parking; Parking Space; Other Unit 1 Rooms: Kitchen Unit 2 Appliances: Microwave Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking; Parking Space; Other Unit 2 Rooms: Kitchen Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1210000
Negotiable Seller Concessions YN
Yes
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
1202
Street Direction Prefix
NE
Street Name
3RD
Street Suffix
Avenue
City Name
Fort Lauderdale
Municipality Type
Incorporated
State Or Province
FL
Postal Code
33304
Postal Code +4
1919
Postal Zip
33304
Subdivision Name
PROGRESSO
Area
3370
Geographic Area
FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Elementary School
North Side
Middle Or Junior School
Sunrise
High School
Fort Lauderdale
Special Assessment YN
No
Parcel Number
494234032600
Subdivision Number
3
Zoning
RD-15
Flood Zone
AE

Financial Information

Application Required YN
No
Master Association YN
No
Tax Annual Amount
12625.35
Tax Year
2025
Tax Assessed/SOH Value
660000
Tax Legal Description
PROGRESSO 2-18 D LOT 25,26 BLK 116
Assessor Market Value
670740

Status Change Information

Major Change Timestamp
2026-09-24T19:26:15Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-09-24T19:26:15Z
Status Change Date
2026-08-26

More Information

Co-Ownership

Property Management YN
No

Leasing Permitted Details

Leasing Permitted YN
Yes

Meter Information

Separate Electric Meters YN
No
Separate Gas Meters YN
No
Separate Water Meters YN
No

Other Area Details

Living Area Other Structures
1241
Building Area Other Structures
1241
Adjusted Area Other Structures
1241

Pet Details

Pet Fee YN
No

Leasing Restrictions

Leasing - Max Times Per Year
12

Unit 1 Details

Actual Rent
1600
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
1464

Unit 1 Lease Description

Currently Leased YN
No

Unit 1 Parking Details

Carport YN
No
Garage YN
No

Unit 2 Details

Actual Rent
1600
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
1464

Unit 2 Lease Description

Currently Leased YN
No

Unit 2 Parking Details

Carport YN
No
Garage YN
No

Price Calculations

Current Price To SqFt
533.8

Originating Details

Originating System Key
20260826143017062667000000
Originating System ID
M00000170
IDX
Listing Office: Gofman Real Estate Group
Source MLS Verified
Last Updated: September - 24 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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