1026 NE 9th Ave, Fort Lauderdale, FL 33304

About This Home

Rare opportunity to acquire a legal three-unit income property in a very desirable area of Fort Lauderdale with immediate rental income and significant future revenue potential. Located on a quiet dead end street, 2 miles from the beach and Las Olas, as well as just half a mile from Flagler Village. This 5-bedroom, 4-bath triplex consists of two spacious 2-bedroom units plus a furnished 1-bedroom unit previously operated as a short-term rental. Units 1 and 2 are currently leased, with leases expiring in approximately 4–6 months, providing an incoming owner flexibility to continue traditional rentals at higher rates or explore a furnished short-term-rental strategy. Unit 3 is vacant, furnished and ready to operate as a short or long term rental. The property offers 5 onsite parking spaces, separate electric meters, shared laundry, private outdoor areas for Units 1 and 2 and additional outdoor space for unit 3. Recent improvements include interior and exterior painting, multiple newer window AC units and electrical updates. With current long-term income, additional market-rent potential and the possibility of operating multiple furnished rentals, this property offers several investment strategies in one asset.

Property Details

Flooring

Tile

Heating

Window/Wall

Cooling

Wall/Window Unit(s)

Architectural Style

Detached

Building & Association

Building Name

PROGRESSO

Stories

1

Stories Total

1

Association

No

Lot & Construction

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

CBS Construction

Roof

Shingle

New Construction

No

Public Records

Parcel Number

494234047310

Tax Annual Amount

$12,386

Tax Year

2,025

Zoning

RMM-25

County Or Parish

Broward County

Location