$776,000
$875,000
11.3%For more information regarding the value of a property, please contact us for a free consultation.
1041 NE 9TH AVE Fort Lauderdale, FL 33304
Key Details
Sold Price $776,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Progresso
MLS Listing ID F10410839
Sold Date 02/09/24
Style Duplex
Construction Status Resale
HOA Y/N No
Year Built 1953
Annual Tax Amount $9,939
Tax Year 2022
Property Description
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.
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning RMM-25
Interior
Heating Other
Cooling Electric Cooling, Wall/Window Unit Cooling
Flooring Tile Floors
Exterior
Water Access N
Roof Type Other Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Concrete Block Construction, Other Construction
Sewer Municipal Sewer
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
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Bought with La Rosa Realty Beaches LLC
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