Fort Lauderdale, FL 33311,721 NW 3rd Ave
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Fort Lauderdale, FL 33311,721 NW 3rd Ave
Fort Lauderdale, FL 33311,721 NW 3rd Ave
Fort Lauderdale, FL 33311,721 NW 3rd Ave
Fort Lauderdale, FL 33311,721 NW 3rd Ave

$1,950,000

Est. payment /mo

$2,095,000

6.9%
Est.Price: ?

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721 NW 3rd Ave Fort Lauderdale, FL 33311

7,343 SqFt

SOLD DATE : 08/21/2025

Key Details

Sold Price $1,950,000

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,343 sqft

Price per Sqft $265

MLS Listing ID A11776976

Year Built 1973

Annual Tax Amount $33,356

Lot Size 0.310 Acres

Property Sub-Type Multi Family

Property Description

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!!

Location

State FL

County Broward

Area 3810

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by The Keyes Company
Bought with One Sotheby's Int'l Realty
agent

Tara Panaccione

Agent | License ID: 3299544

+1(305) 916-0597

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