FULLY RENOVATED INVESTMENT PROPERTY 7% Cap Rate—CASH ONLY / SOLD AS-IS. A rare A+ location just 5 minutes to Downtown Fort Lauderdale and Wilton Manors, 10 minutes to the beach. Records indicate Duplex; operating as five rentable spaces (non-conforming),2 studios, two 1b/1b, one 2b/1b producing $8,800/m gross ($105,600/y). Investment Highlights: new metal roof, full impact windows & doors, new solar panel system (offsets operating costs), new asphalt & professional landscaping, property-wide water filtration system, RING cameras 24/7 security monitoring, two separate buildings connected by a breezeway with a hurricane-rated roof, beautiful gated common patio between the two buildings, new appliances included, all units have in-unit W/D, EV/charger, six off-street parking spaces.
Listing Provided Courtesy of Dalton Wade Inc
Property Details
Price:
$1,220,000
MLS #:
F10541362
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
Progresso 2-18 D
Neighborhood:
3390
Listed Date:
Dec 16, 2025
Finished Sq Ft:
2,927
Year Built:
1962
Units:
2
See this Listing
Schools
Interior
Cooling
Other
Flooring
Tile, Vinyl
Heating
Heat Pump
Exterior
Construction Materials
Block
Exterior Features
Balcony
Roof
Metal
Financial
HOA Includes
Hot Water
Tax Year
2024
Taxes
$12,107
Map
Community
- Address1202 NE 3rd Avenue Fort Lauderdale FL
- SubdivisionProgresso 2-18 D
- CityFort Lauderdale
- CountyBroward
- Zip Code33304
Subdivisions in Fort Lauderdale
- ARGONNE HEIGHTS AMD PLACE 16-8 B
- CORAL HILLS 37-20 B
- CORAL RIDGE ISLES 45-47 B
- FLA FRUIT LANDS CO SUB 1
- GOLDEN HEIGHTS HOMES 40-28 B
- HOLIDAY HEIGHTS 27-11 B
- IMPERIAL POINT 2 SEC 54-19 B
- LAUDERDALE ISLES 2-BLK 12
- M & I 135-4 B
- MARY-KNOLL 39-48 B
- MELROSE PARK SEC 7 39-35 B
- OAKLAND OCEAN MILE
- OAKLAND PARK 2-38 B
- PINE ISLAND COMM 167-50 B
- PLAYA DEL MAR CONDO
- SAILBOAT BEND
- SANDS POINT CONDO II
- SOUTHPOINT CONDO
- STRADA 315
- THE TWNHS AT NOVA
- TWIN LAKES EAST 79-22 B
- YELLOWSTONE PARK AMD
Market Summary
Current real estate data for Multi Family in Fort Lauderdale as of Feb 19, 2026
111
Multi Family Listed
150
Avg DOM
435
Avg $ / SqFt
$1,018,815
Avg List Price
Property Summary
- Located in the Progresso 2-18 D subdivision, 1202 NE 3rd Avenue Fort Lauderdale FL is a Multi Family for sale in Fort Lauderdale, FL, 33304. It is listed for $1,220,000 To schedule a showing of MLS#f10541362 at 1202 NE 3rd Avenue in Fort Lauderdale, FL, contact your Stonecrest International Realty agent at 561-707-9933.
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