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$649,900
Progresso SubDv.
This triplex in Fort Lauderdale's Progresso subdivision offers a compelling investment opportunity. Excellent income-producing property legally configured as a duplex with massive value-add potential. The property features stable cash flow across three currently occupied spaces, with the immediate ability to capitalize on a pre-configured 4th unit. The property comprises 1,413 square feet of finished living space across a single-story layout, providing straightforward ownership and management. As a residential income property, it delivers multiple revenue streams from one strategically positioned asset. Located in the established Progresso community, this triplex presents a tangible path to building equity while generating consistent returns. Unit 1 (Efficiency): Generates $1,200/month in rental income. Unit 2 (1BR / 1BA): Generates $1,500/month in rental income. Unit 3 (2BR / 2BA): Generates $1,950/month in rental income.Value-Add Potential: The 2BR/2BA space is already physically split and closed off into two distinct sections, each featuring its own private exterior entry. It is currently being leased to a single family as a whole 2/2. However, a future investor can effortlessly lease them out separately to maximize yield:Side A: A complete 1BR/1BA setup with a full kitchen.Side B: A standalone 1BR/1BA efficiency setup. Electric: The 2BR/2BA unit has its own separate electric meter and those tenants pay their own electric bill directly. The other units share a combined electric meter paid for by the owner. Water: Master metered for the entire building and paid for by the owner. Water Bill approximately $165.00 a month for the building FPL for the efficiency and 1/1 are approximately $150 a month garbage included in the water bill

1044 Ne 10th Avenue, Fort Lauderdale

$519,900
3 Beds 1 Baths Progresso Am Plat Of Blks SubDv.
Multiple Offers! Highest and Best offers due by noon 8/31/26. Discover your own private tropical retreat just minutes from Wilton Drive and Downtown Fort Lauderdale! This charming 3 bedroom, 1 bath home offers exceptional indoor / outdoor living with a inviting layout with updates and impact-resistant windows and doors throughout. Step outside to a private, fully fenced backyard surrounded by mature palms and tropical landscaping. The oversized heated in-ground pool features gradual entry steps, a spacious pool deck & a newer pool pump. It's perfect for relaxing or entertaining year-round. Recently operated as a licensed vacation rental with a nightly rate of approximately $250 - $350 (for only 2 of the bedrooms), offering an attractive opportunity for investors or a primary residence. Additional features include a circular driveway with parking for up to 5-6 vehicles, a large walk-in storage shed, multiple outdoor seating areas, a laundry room, and no HOA. Ideally located near Wilton Drive, Las Olas Boulevard, Downtown Fort Lauderdale, beaches, dining, shopping, entertainment, the airport, and I-95. A unique opportunity to enjoy the South Florida lifestyle while benefiting from excellent income potential. Furnishings and accessories are optional, offering the potential for a turnkey opportunity. Additional features include underground power service enhancing the property's curb appeal and provides reduced exposure to weather related outages.

1600 Nw 4th Avenue, Fort Lauderdale

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