721 NW 3rd Ave Fort Lauderdale FL 33311 MLS #A11776976

721 NW 3rd Ave
Fort Lauderdale, FL, 33311
$2,300,000
Beds
0 Baths
7,343 SqFt
0 Acres
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Phenomenal Opportunity to own a 10 unit apartment building in the best location in Fort Lauderdale! The property includes 10 Two Bedroom/1 Bath apts, 13,500 square foot lot, plenty of parking, all units have ceramic tile floors, A/C units, shared laundry, Roof is 2024 and zoned RMM-25. This property is located in the heart of Progresso Village, adjacent to Flagler Village, and on the East Side of Sistrunk Blvd Redevelopment Opportunity Zone!! Located in the Center of Redevelopment, Brand New Luxury High Rise properties are approved for construction within 1 block. This amazing property can easily generate $240,000 in annual revenue. Most of the units are month to month. This is an exciting opportunity for any savvy investor interested in South Florida’s booming real estate market!!

Property Details

Price:
$2,300,000
MLS #:
A11776976
Status:
Active
Beds:
0
Baths:
0
Address:
721 NW 3rd Ave
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Fort Lauderdale
Listed Date:
Apr 3, 2025
State:
FL
Finished Sq Ft:
7,343
Total Sq Ft:
7,343
ZIP:
33311
Year Built:
1973
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