Quadruplex for sale

$900,000

1202 NE 3RD AvenueFort Lauderdale, FL 33304

  • 1,686 Sq ft
  • 6,756 Lot sq ft
  • 1962 Built

About this home

Fully renovated investment property in an A+ location, just 5 minutes to Downtown Fort Lauderdale and Wilton Manors and 10 minutes to the beach. Public records indicate a duplex; currently operating as 5 rentable spaces: 2 studios, 2 one-bedroom/one-bath units, and 1 two-bedroom/one-bath unit, producing $8,550/month gross ($102,600/year). Features include a new metal roof, impact windows and doors, solar panel system to offset operating costs, new asphalt and landscaping, property-wide water filtration, Ring cameras with 24/7 monitoring, 2 separate buildings connected by a breezeway with hurricane-rated roof, gated common patio, new appliances, in-unit W/D in all units, EV charger, and 6 off-street parking spaces. Turnkey income-producing property in a prime rental location. 1 Studio: $1000 2 2/1: $2600 3 Studio: $1500 4 1/1: $1650 5 1/1: $1800 Total:$8550 All utilities are included

Details

MLS #
B26068659
Property type
Quadruplex
Status
Active
Days on market
29
Neighborhood
PROGRESSO
County
Broward County
Property taxes
$12,625 (2025)
Waterfront
No
Private pool
No
Cooling
Electric, Other
Exterior features
West Of Us1, Barbeque, Other

Location

Estimated payment

$5,603/mo with 20% down at 6.5% for 30 years, including taxes, before insurance.

Adjust in the mortgage calculator

Listing courtesy of Gofman Real Estate Group · Gary Gofman. Listing last updated September 24, 2026 3:49 PM.

REALTOR® and MLS logo

The multiple listing information is provided by the MIAMI Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 MIAMI Association of REALTORS®. All rights reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated October 24, 2026 8:06 AM.

Like a property?

Call or text Edward Ferenczi at 786-556-6446

Buying Florida real estate has never been easier.