1451 NE 10th Ave new Save Request In-Person Tour Request Virtual Tour
Fort Lauderdale,FL 33304
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,560 sqft
Price per Sqft $410
Subdivision Middle River Terrace
MLS Listing ID F10498544
Style Triplex
Year Built 1949
Annual Tax Amount $17,253
Tax Year 2024
Property Sub-Type Triplex
Sub Type Triplex
Property Description
Attention Investors!
Looking for your next development opportunity? This prime 17,261 sq ft lot, zoned RA-25, offers the potential for 8 spacious apartment units (approximately 1,200–1,300 sq ft each) with condo conversion potential and an estimated monthly income of $32,000 once developed.
While you're working through permitting, the existing updated multi-family property is already generating income with one 2-bed/2-bath unit and two studio units, bringing in $3,200/month.
Ideally located in central Fort Lauderdale, just steps from the vibrant attractions of Wilton Manors, this is a rare find for the savvy investor.
Tenant occupied. Please do not disturb tenants.
Location
State FL
County Broward County
Area Ft Ldale Se (3280;3600;3800)
Zoning RMM-25
Zoning RMM-25
Interior
Heating Central Heat
Cooling Central Cooling
Flooring Tile Floors
Exterior
Exterior Feature Fence,Laundry Facility,Other
Water Access N
Roof Type Flat Tile Roof
Roof Flat Tile Roof
Building
Lot Description 1/4 To Less Than 1/2 Acre Lot
Story 1.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Water Municipal Water
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition As Is