$390,000
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1013 NE 3rd Ave Fort Lauderdale, FL 33304
Fourplex
Residence
Beds
Baths
...
Bed/Bath
2,363
Sq. Ft.
Property Activity
Time on Site
days
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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.
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MLS#
A11735490
Property Type
Fourplex
Year Built
1973
Square Feet
2,363
sq. ft
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