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$390,000
$515,000
Sold

1013 NE 3rd Ave,

Broward

Sold on March 13, 2025

Quadruplex

MLS® # A11735490
Bedrooms
0 Beds
Bathrooms
0 Baths
Size
2,363 sqft
Parkings
5
Maintenance Fees
-
Annual Tax
$1,913

Description

Nestled within a sought-after Opportunity Zone, this fourplex offers an exceptional investment prospect with substantial growth potential, a welcome addition to any real estate portfolio. Subject is zoned multi-family 2-9 units; surrounding properties include vacant land, single-family and religious use spaces, providing a diverse landscape and the prospect of an assemblage within an Opportunity Zone that could potentially encompass up to 2.71 acres. Currently operated as low-income housing by a non-profit, the property is priced based on existing rental income and offers considerable upside potential, redevelopment opportunities, or repositioning in line with market demand in a rapidly developing area, with the added benefit of unlocking potential tax incentives for qualified investors.

Berkshire Hathaway HomeServices Florida Realty

Features & Details

Learn about the features and details of 1013 NE 3rd Ave

Property Details

  • Property Type
    Quadruplex
  • Living Area
    2,363 sqft
  • Year Built
    1973
  • Lot Size
    -
  • Stories
    -
  • Annual Tax
    $1,913.00
  • List Date
    2/1/2025
  • Updated
    7/7/2025
  • Last Checked
    Recent
  • MLS Number
    #A11735490
  • Brokerage
    Berkshire Hathaway HomeServices Florida Realty
  • Postal Code
    33304
  • Area
    Broward
  • City
    Fort Lauderdale

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $390,000.00
  • Unit Number
    -
  • Construction
    Block
  • Heating
    Other
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    Wall Window Units
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    None
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2024
  • Assignment
    No
  • Extras Included
    None

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

Learn about the price history of 1013 NE 3rd Ave

Virtual Tour

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Real estate trends

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Explore Broward

Learn about the area around 1013 NE 3rd Ave

Mortgage Calculator
Estimate monthly payments for 1013 NE 3rd Ave
$0
20.0%
$390,000
1%
5.25%
10%
Estimated Monthly Payment

$1,870

Cash Flow Analysis
Mortgage Payment:
$1,869.65
Monthly Payment:
$2,029.07
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.

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About this property

Discover this impressive quadruplex in the heart of South Middle River, Fort Lauderdale. This well-appointed property offers 2,363 square feet of living space. Originally built in 1973. Offered at $390,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 1013 NE 3rd Ave

Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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1013 NE 3rd Ave