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Gelfand Realty Miami Properties - Income/MultiFamily

721 NW 3RD AVE, FORT LAUDERDALE, FL 33311

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Income/MultiFamily -

721 NW 3RD AVE, FORT LAUDERDALE, FL 33311

Date Sold 08-21-2025

Sold Price$1,950,000 Asking Price$2,095,000

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  • Days on market:

    90 day(s)

  • Original Price:

    $2,300,000

  • Tax Legal Description:

    PROGRESSO 2-18 D LOTS 11,12,13,14 BLK 283

  • Property Type:

    Income/MultiFamily

  • Special Listing Conditions:

    Sale

Description

$2,095,000

Phenomenal opportunity to own a 10 unit apartment building in the best location in fort lauderdale! the property includes 10 two bedroom/1 bath apts, 13,500 square foot lot, all units have ceramic tile floors, a/c units, shared laundry, roof is 2024 and zoned rmm-25. this property is located in the heart of progresso village, adjacent to flagler village, and on the east side of sistrunk blvd redevelopment opportunity zone!! located in the center of redevelopment, brand new luxury high rise properties are approved for construction within 1 block. this amazing property can easily generate $240,000 in annual revenue. most of the units are month to month. this is an exciting opportunity for any savvy investor interested in south florida's booming real estate market!!

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