Fantastic opportunity to purchase a CASH COW income property in the Lake Ridge area. Duplex property. Total Income of $7,000 gross per month or 84,000.00 gross income per year. This property is perfect for Airbnb setup and to maximize the income further. Live in the large unit and manage the others. Above 8% rate of return on your investment as it is or make even more with Airbnb income conversion. This is a prime location. Potential for redevelopment townhouses. The area is growing with amazing surrounding businesses in the area such as Yoga, Cold Plunge, Restaurants, bars, barbers and salons, restaurants, and bars and clubs. Enjoy the 13th Ave revitalization. Invest in the best location and price per sq ft.
Sold for $776,000 on 02/09/24
$776,000
1041 NE 9th Ave, Fort Lauderdale, FL 33304
5beds
3baths
--sqft
Duplex
Built in 1953
-- sqft lot
$719,400 Zestimate®
$--/sqft
$4,673 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 12, 2024 at 06:57pm
Listed by:
Rei Cunha 954-918-3594,
Alrei Real Estate Services LLC
Bought with:
Katherine Valverde, 3160596
La Rosa Realty Beaches LLC
Source: BeachesMLS ,MLS#: F10410839
Originating MLS: Beaches MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Other
Cooling
- Electric, Wall/Window Unit(s)
Features
- Flooring: Tile
Property
Parking
- Total spaces: 6
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 494234047410
- Zoning: RMM-25
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Concrete, Other
- Roof: Other
Condition
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Not Available
Community & neighborhood
Location
- Region: Fort Lauderdale
- Subdivision: Progresso
HOA & financial
Other financial information
- Total actual rent: 83400
Other
Other facts
- Listing terms: Cash,Conventional
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$719,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$719,400