Great investment opportunity in a booming neighborhood that could generate approximately $9,500 / month! Three legal units situated on a double lot. The main home is a 3 / 1, being operated as an AirBnB that could generate approximately $5,500 per month. Fenced backyard area, central AC, and recently renovated. The 2nd unit is a 1 / 1 with an additional room, backyard, renovated kitchen, and new central AC system. This unit is currently rented at $1,600 per month. The 3rd unit is a studio recently rented to a mid-term tenant at $2,000 per month, but could generate approximately $2,500 per month as a short-term rental. There are approximately 6 off-street parking spaces. Units 1 and 3 are fully furnished. Shared washer/dryer for property. Huge revenue and future development potential!
Sold for $607,500 on 01/21/25
$607,500
1509 NW 3rd Ave, Fort Lauderdale, FL 33311
5beds
3baths
2,000sqft
Triplex
Built in 1938
-- sqft lot
$625,500 Zestimate®
$304/sqft
$2,914 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 22, 2025 at 01:27pm
Listed by:
David Taxman 847-736-0467,
Lokation
Bought with:
Grace Arauz-blanco, 3611627
Emerald Realty True Partners
Senia Rowley, 3391847
Emerald Realty True Partners
Source: MIAMI,MLS#: A11612556
Originating MLS: A-Miami Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air, Wall/Window Unit(s)
Features
- Flooring: Tile, Vinyl
Interior area
- Total structure area: 2,040
- Total interior livable area: 2,000 sqft
Property
Parking
- Total spaces: 6
Features
- Stories: 1
- Patio & porch: Patio
- Exterior features: Lighting
- Fencing: Fenced
Lot
- Features: 1/4 To Less Than 1/2 Acre Lot
- Residential vegetation: Fruit Trees
Details
- Parcel number: 494234016180
- Zoning: RDS-15
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Frame, Stone, Wood Siding
- Roof: Flat Roof With Facade Front,Shingle
Condition
- Year built: 1938
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Fort Lauderdale
- Subdivision: Progresso
Other
Other facts
- Listing terms: All Cash,Conventional,FHA,VA Loan
Services availability
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Estimated market value
$625,500