1026 NE 9th Ave, Fort Lauderdale, FL 33304

About 1026 NE 9th Ave, Fort Lauderdale, FL 33304

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 completely 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.

How This Listing Compares in Fort Lauderdale

Per square foot, it is asking 7% above the Fort Lauderdale median for sales closed over the last twelve months.

Medians from closed MLS sales in Fort Lauderdale; a starting point, not an appraisal.

Home Features at 1026 NE 9th Ave, Fort Lauderdale, FL 33304

Flooring

Tile

Heating

Window/Wall

Cooling

Wall/Window Unit(s)

Architectural Style

Detached

Pool Private

No

Year Built Details

Effective Year Built

The Building at 1026 NE 9th Ave, Fort Lauderdale, FL 33304

Building Name

PROGRESSO

Building Area Total

1892

Building Area Units

Square Feet

Stories

1

Stories Total

1

Association

No

Lot, Views & Construction at 1026 NE 9th Ave, Fort Lauderdale, FL 33304

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

CBS Construction

Roof

Shingle

Sewer

Public Sewer

Water Source

Municipal Water

New Construction

No

Taxes & Public Record for 1026 NE 9th Ave, Fort Lauderdale, FL 33304

Parcel Number

494234047310

Tax Annual Amount

$12,386

Tax Year

2,025

Tax Legal Description

PROGRESSO 2-18 D LOT 37,38 BLK 177

Zoning

RMM-25

County Or Parish

Broward County

Map & Neighborhood