1202 3RD Avenue, Fort Lauderdale, FL 33304

$900,000 — Active

Property Features

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Fully renovated investment property in an A+ location, just 5 minutes to Downtown Fort Lauderdale and Wilton Manors and 10 minutes to the beach. Public records indicate a duplex; currently operating as 5 rentable spaces: 2 studios, 2 one-bedroom/one-bath units, and 1 two-bedroom/one-bath unit, producing $8,550/month gross ($102,600/year). Features include a new metal roof, impact windows and doors, solar panel system to offset operating costs, new asphalt and landscaping, property-wide water filtration, Ring cameras with 24/7 monitoring, 2 separate buildings connected by a breezeway with hurricane-rated roof, gated common patio, new appliances, in-unit W/D in all units, EV charger, and 6 off-street parking spaces. Turnkey income-producing property in a prime rental location. 1 Studio: $1000 2 2/1: $2600 3 Studio: $1500 4 1/1: $1650 5 1/1: $1800 Total:$8550 All utilities are included

▼ Price Reduced — originally listed at $1,210,000

Property Details

  • Listing ID: B26068659
  • Status: Active
  • Listing Date: 2026-08-26
  • Property Type: Quadruplex
  • Subdivision: PROGRESSO
  • County: Broward
  • MLS Area: 3370
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: 1,686
  • Year Built: 1962

Financial

  • List Price: $900,000
  • Original List Price: $1,210,000
  • HOA Fee: None
  • Taxes: $12,625/yr

Features & Amenities

  • Pets Allowed: Yes, No Restrictions
  • Cooling: Ductless, Electric, Heat Pump, Other
  • Heating: Electric, Heat Pump
  • Flooring: Tile, Vinyl, Wood
  • Construction: Block, Stucco
  • Roof: Metal
  • Exterior Features: Barbecue, Other

Courtesy of Gofman Real Estate Group
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RAPB

© 2026 Starfish Real Estate. Listings updated Oct 22, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.