Listed By:
This listing is courtesy of Samson Companies, LLC
Address
1026 Ne 9th Ave, Fort Lauderdale, FL
Price
$ 800,000
Property Attributes
  • MLS#A12087752
  • TypeIncome
  • Listing Status Active
  • CountyBroward
  • CityFort Lauderdale
  • Area3370
  • NeighborhoodPROGRESSO
  • Zip33304
  • Style
  • Year Built1980
  • Taxes$ 12386
  • Price$ 800,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1892
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

Rare opportunity to acquire a legal three-unit income property in a very desirable area of Fort Lauderdale with immediate rental income and significant future revenue potential. Located on a quiet dead end street, 2 miles from the beach and Las Olas, as well as just half a mile from Flagler Village. This 5-bedroom, 4-bath triplex consists of two spacious 2-bedroom units plus a furnished 1-bedroom unit previously operated as a short-term rental. Units 1 and 2 are currently leased, with leases expiring in approximately 4–6 months, providing an incoming owner flexibility to continue traditional rentals at higher rates or explore a furnished short-term-rental strategy. Unit 3 is completely furnished and ready to operate as a short or long term rental. The property offers 5 onsite parking spaces, separate electric meters, shared laundry, private outdoor areas for Units 1 and 2 and additional outdoor space for unit 3. Recent improvements include interior and exterior painting, multiple newer window AC units and electrical updates. With current long-term income, additional market-rent potential and the possibility of operating multiple furnished rentals, this property offers several investment strategies in one asset.

Price History
9/15/2026 Listed $800,000

General Features

Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Cable Available
Possession Closing & Funding
Roof Shingle
Pool Features None
Construction Materials Block
Year Built 1980
Stories Count 1
Levels One
Property Subtype Triplex
Tax Year 2025
County Broward
Net Operating Income 46200
Operating Expense 21000
Property Type Residential Income
Subdivision Name PROGRESSO
Rent Includes None
Full Baths 1
Special Listing Conditions Listed As-Is
Status Active
City Fort Lauderdale
Zoning Description RMM-25
Number Of Units Total 1
MLS Area 3370
Lot Size Units Square Feet
Listing Terms Cash,Conventional,FHA,VA Loan
Year Built Details Effective Year Built
Tax Annual Amount 12386
MLS Area Minor Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12087752
Standard Status Active
Occupancy Type Tenant
Total Actual Rent 67200
Property Sub Type Additional Triplex
PostalCity Fort Lauderdale
Legal Description PROGRESSO 2-18 D LOT 37,38 BLK 177

Interior Features

Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 2

Exterior Features

Lot Features < 1/4 Acre
Water Source Public
Total Parking 4
Building Area Total 1892
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33304

Price
AVG $1.12M
$800K
Taxes
AVG $13,270
$12,386
Year Built
AVG 1963
1980