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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

$325,000
2 Beds 2 Baths Runaway Bay Condo SubDv.
Affordable high-rise living at Runaway Bay in the vibrant Harbordale neighborhood of Fort Lauderdale. Beautiful corner unit with tons of light and a southeastern view from the wrap-around balcony. Freshly painted and move-in ready. Spacious primary bedroom with large walk-in closets and updated bath. Second bedroom has built-in closet cabinetry. Secure covered parking and an extra climate-controlled storage unit. Very well managed association with excellent reserves and on-site management. The building is also in the process of being repainted and the area containing this unit is already completed. Close to everything including Whole Foods, Fort Lauderdale/Hollywood airport and the nearby beaches with abundant neighborhood restaurants and shopping only steps away. Perfect for both a fulltime owner occupant or a seasonal resident. This association allows unit owners to retrofit a washer and dryer within the unit. Corner units are rarely available, and this beauty will not last long. Association fees include basic cable and wi-fi in addition to water, sewer and trash services. Amenities include heated pool with dry saunas, updated gym and tennis court. Association rules do not allow pets, however documented ESA and service animals are permitted with approval. 2 years of ownership are required before a unit can be rented. No short-term rentals allowed. Extra unassigned parking is available. Unit is currently vacant and some pictures have been virtually staged with furnishings.

1625 Se 10th Ave Unit #501, Fort Lauderdale

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