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$699,000   Price Analysis
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1509 NW 3rd Ave
Fort Lauderdale, FL 33311
5 bed 3 bath 2,000 SqFt ($349/SqFt)
Built 1938
Listed 2024-06-26, Taxes $8,379
Ⓧ USDA Ineligible
due to location

near Fort Lauderdale

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 recentl y 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 mnth. 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!


Presented by David Taxman at
Lokation.


Property MLS #A11612556 from MiamiMLS

Bedrooms: 5

Total Bathrooms: 3
Full Bathrooms: 3

Cooling Features: CentralAir, CeilingFans, WallWindowUnits
Heating Features: Central
Heating: Yes

Flooring: Laminate, Tile, Vinyl

Fence
FruitTrees
Lighting
Patio
Patio And Porch Features: Patio

Lot Description: Item14to12AcreLot

Parking Total: 6

Association: No
Calculated Total Monthly Association Fees: 0

Community Features: LaundryFacilities

Rent Includes: Electricity, Gardener, Sewer, TrashCollection, Water

Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1

Annual Tax Amount: 10189
Source Listing Status: Active
County: Broward County
Tax Year: 2023
Source Property Type: ResidentialIncome
MLS Area Minor: Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Source Neighborhood: PROGRESSO
Parcel Number: 494234016180
Postal City: Fort Lauderdale
Postal Code Plus 4: 5549
Subdivision: PROGRESSO
Zoning Description: RDS-15
Property Subtype: Triplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$351,450
$8,379
2021$252,630 + $66,870
$319,500
$7,633
2020$144,920 + $66,870
$211,790
$5,615
2019$unknown + $unknown
$206,000
$4,809
2018$unknown + $unknown
$187,280
$4,256
2017$126,640 + $60,800
$187,440
$4,025
2016$118,310 + $36,480
$154,790
$3,717
2015$105,520 + $36,480
$142,000
$3,459
2014$unknown + $unknown
$180,110
$4,370
2013$unknown + $unknown
$163,740
$4,023
2012$unknown + $unknown
$148,860
$3,405
2011$unknown + $unknown
$160,220
$3,622
2010$unknown + $unknown
$181,540
$4,130
2008$unknown + $unknown
$311,910
$7,878
2007$unknown + $unknown
$343,770
$7,097

Price Changed 2024-07-22
$699,000
MiamiMLS
Listed 2024-06-26
$715,000
MiamiMLS
Listing removed 2023-12-01
$2,500
MiamiMLS
Price Changed for rent 2023-11-14
$2,500
MiamiMLS
Price Changed for rent 2023-11-04
$2,700
MiamiMLS
Listed for rent 2023-10-30
$3,000
MiamiMLS
Sold 2020-08-14
$355,000
BeachesMLSMatrix
Sold 2019-04-22
$201,000
Public Record
Listing removed 2015-12-05
$354,900
BeachesMLSMatrix
Listed 2015-08-25
$354,900
BeachesMLSMatrix
Sold 2014-09-03
$142,000
Public Record
Sold 2014-07-25
$120,500
MiamiMLS
Relisted 2014-07-11
$165,000
MiamiMLS
Listing removed 2014-05-14
$165,000
MiamiMLS
Listed 2014-03-18
$165,000
MiamiMLS
Listing removed 2014-02-27
$110,000
MiamiMLS
Listed 2013-12-26
$110,000
MiamiMLS
Listing removed 2013-12-24
$110,000
MiamiMLS
Relisted 2013-12-04
$110,000
MiamiMLS
Listing removed 2013-06-05
$50,000
MiamiMLS
Listed 2013-05-28
$50,000
MiamiMLS
Listing removed 2011-07-05
$115,000
BeachesMLSMatrix
Listed 2011-06-09
$115,000
BeachesMLSMatrix
Listing removed 2010-12-21
$115,000
MiamiMLS
Listed 2010-08-10
$115,000
MiamiMLS
Listing removed 2009-11-19
$229,900
MiamiMLS
Listed 2009-11-16
$229,900
MiamiMLS
Listing removed 2009-11-08
$249,000
MiamiMLS
Price Changed 2009-10-19
$249,000
MiamiMLS
Listed 2009-07-27
$299,000
MiamiMLS
Sold 2002-10-16
$165,000
Public Record
Sold 2002-07-09
$112,000
Public Record
Sold 1999-08-18
$95,000
Public Record

Total Square Feet Living: 2000
Year Built: 1938
Building Area Total: 2040
Construction Materials: Frame, Stone, WoodSiding
Levels: One
Property Age: 86
Roof: Flat, Shingle
Levels or Stories: 1
House Style: Triplex
Year Built Details: Effective Year Built

Sewer: PublicSewer
CableAvailable

Thurgood Marshall Elementary School is a public elementary school located approximately 0.5 miles away.
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Sunrise Middle School is a public middle school located approximately 1.5 miles away.
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Dillard High School is a public middle and high school located approximately 1.9 miles away.
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Jam Youth Connection is a private middle and high school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.