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1033 NW 3rd Avenue, Fort Lauderdale, FL 33311 (MLS# R10805256)

1033 NW 3rd Avenue, Fort Lauderdale, FL 33311

$695,000
Property Type: Residential Income Square Footage: 3,016 Status: Closed
Current Price: $695,000 List Date: 6/06/2022 Last Modified: 5/17/2026

Overview

Description

AMAZING OPPORTUNITY. Two Duplexes on one massive 10,133 sf lot. All 4 units are 2 bedroom / 1 bath. All apartments have Central AC NEW AC's installed in 2021. Two of the units have a 3rd room which has been used in the past as a bedroom. This property IS IN AN OPPORTUNITY ZONE. Recently closed new construction all over the immediate area. New permitted roofs on both buildings in 2018. Coin laundry machines are both new, 2021. Buildings are frame construction, both buildings were tented in 2019. 08 Zoning which allows for additional units to be built. Current tenants on leases with various renewal periods. Generates approximatley 6600 a month ( 1650 per unit ) which is Well below market value.

Listing Details MLS# R10805256

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
3016
Building Area Source
Public Records
Living Area Main
2853
Year Built
1958
Gated Community YN
No
Lot Size Area
10133
Lot Size Acres
0.23
Senior Community YN
No
Stories
2
Pool Private YN
No

Property Features

Association Amenities: None Documents Available: Copy Of Lease(s) Electric: Three Phase Fencing: Fenced Flooring: Tile; Wood Property Condition: Resale Tenant Pays: Cable TV; Electricity Source Of Expenses: Owner Provided Construction Materials: Frame; Stucco Cooling: Central Air Heating: Central Listing Terms: Cash; Conventional Possession: Negotiable Restrictions: No Restrictions Roof: Composition; Tar/Gravel Sewer: Public Sewer Special Information: Sold As-Is Storm Protection Details: None Tax Information: Other Exemption Utilities: Cable Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Occupied Occupant Details: Tenant Occupied Unit 1 Appliances: Microwave; Range; Refrigerator Unit 1 Parking Features: Open Parking; Parking Space Unit 1 Rooms: Kitchen Unit 2 Appliances: Microwave; Range; Refrigerator Unit 2 Parking Features: Open Parking Unit 2 Rooms: Kitchen Unit 3 Appliances: Microwave; Range; Refrigerator Unit 3 Parking Features: Open Parking Unit 3 Rooms: Kitchen Unit 4 Appliances: Microwave; Range; Refrigerator Unit 4 Parking Features: Open Parking Unit 4 Rooms: Kitchen Contingencies: Inspection Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1000000

Location and Legal

County Or Parish
Broward
County Parish Name
Broward
Street Number
1033
Street Direction Prefix
NW
Street Name
3rd
Street Suffix
Avenue
City Name
Fort Lauderdale
State Or Province
FL
Postal Code
33311
Postal Zip
33311
Subdivision Name
PROGRESSO
Area
3390
Geographic Area
FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Parcel Number
494234049630
Zoning
08 / MULTIFAMIL
Directions
95 to sunrise East, Left on NW 7th, Right on NW 11th, Right on NW 3rd.

Financial Information

Tax Annual Amount
9592.33
Tax Year
2021
Tax Legal Description
PROGRESSO 2-18 D LOT 6 TO 8 BLK 190

Status Change Information

Major Change Timestamp
2022-10-01T22:33:57Z
Major Change Type
Status Change
Price Change Timestamp
2022-08-31T13:46:47Z
Status Change Date
2022-10-01
Under Contract Date
2022-08-16
Close Date
2022-09-26
Close Price
695000
Buyer Financing
Cash

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
Yes

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Annual Total Expense
20000
Gross Income
80000
Net Operating Income
60000

Showing Details

Pet(s) on Premises
No

Unit 1 Details

Actual Rent
1650
Baths Full
Yes
Furnished
Unfurnished
SqFt
730

Unit 2 Details

Actual Rent
1650
Baths Full
Yes
Furnished
Unfurnished
SqFt
730

Unit 3 Details

Actual Rent
1650
Baths Full
Yes
Furnished
Unfurnished
SqFt
1200

Unit 4 Details

Actual Rent
1650
Baths Full
Yes
Furnished
Unfurnished
SqFt
1200

Price Calculations

Current Price To SqFt
243.6
Original List Price To Close Price
1.43

Originating Details

Originating System Key
20220601235020804571000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Electric

Three Phase
Yes

Flooring

Tile
Yes
Wood
Yes

Property Condition

Resale
Yes

Special Information

Sold As-Is
Yes

Documents Available

Copy Of Lease(s)
Yes

Fencing

Fenced
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Sewer Available
Yes
Water Available
Yes

Heating

Central
Yes

Water Access

None
Yes

Construction Materials

Frame
Yes
Stucco
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Composition
Yes
Tar/Gravel
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Central Air
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes
Call Listing Agent
Yes
Occupied
Yes

Restrictions

No Restrictions
Yes

Storm Protection Details

None
Yes

Tax Information

Other Exemption
Yes

Occupant Details

Tenant Occupied
Yes

Contingencies

Inspection
Yes

Unit 1 Appliances

Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 1 Parking Features

Open Parking
Yes
Parking Space
Yes

Unit 1 Rooms

Kitchen
Yes

Unit 2 Appliances

Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 2 Parking Features

Open Parking
Yes

Unit 2 Rooms

Kitchen
Yes

Unit 3 Appliances

Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 3 Parking Features

Open Parking
Yes

Unit 3 Rooms

Kitchen
Yes

Unit 4 Appliances

Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 4 Parking Features

Open Parking
Yes

Unit 4 Rooms

Kitchen
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes
Listing Office: KW Innovations
IDX
Last Updated: May - 17 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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