1026 NE 9th Ave, Fort Lauderdale FL 33304

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 vacant, 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.

This triplex home located at 1026 NE 9th Ave, Fort Lauderdale FL 33304 is currently for sale and has been available on Brickellsold for 2 days. This property is listed at $800K. It has N/A beds, N/A bathrooms, and is 1892 square feet. It was built in 1980. 1026 NE 9th Ave, Fort Lauderdale FL 33304 is in Fort Lauderdale county Broward County.