INCOME OPPORTUNITY! Fourplex with a monthly rent totaling $8,350. Substantial and consistent cash flow, providing an excellent return on investment. Income Opportunity Investment: Priced at $1,250,000, this property offers exceptional value, ensuring a quick return on your investment with its robust rental income stream. Fully remodeled in 2023, this property boasts modern amenities including Central AC units installed in 2021, and coin laundry facilities, appealing to both tenants and investors. Situated in an area of growth with recent new constructions, this property holds immense potential for future appreciation and growth. Expansion Potential: With 08 Zoning allowing for additional units to be developed.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
North Side Elementary School
120 NE 11th St
Distance between this listing and this school0.27 miles
Public District Grades PK-5
Middle School
4
/10
Sunrise Middle School
1750 NE 14th St
Distance between this listing and this school1.57 miles
Public Magnet Grades 6-8
High School
2
/10
Dillard 6-12 School
2501 NW 11th St
Distance between this listing and this school1.84 miles
Public Magnet Grades 6-12
Assigned Schools
4
/10
North Side Elementary School
120 NE 11th St
Distance between this listing and this school0.27 miles
Public District Grades PK-5
Nearby Schools
6
/10
Marshall Thurgood Elementary School
800 NW 13th St
Distance between this listing and this school0.40 miles
Public Magnet Grades PK-5
7
/10
Sunland Park Academy
919 NW 13th Ter
Distance between this listing and this school0.77 miles
Public District Grades PK-3
Assigned Schools
4
/10
Sunrise Middle School
1750 NE 14th St
Distance between this listing and this school1.57 miles
Public Magnet Grades 6-8
Nearby Schools
7
/10
Somerset Academy Village Charter Middle School
225 NW 29th St
Distance between this listing and this school1.75 miles
Public Charter Grades 6-8
2
/10
William Dandy Middle School
2400 NW 26th St
Distance between this listing and this school2.20 miles
Public Magnet Grades 6-8
Assigned Schools
2
/10
Dillard 6-12 School
2501 NW 11th St
Distance between this listing and this school1.84 miles
Public Magnet Grades 6-12
Nearby Schools
6
/10
Fort Lauderdale High School
1600 NE 4th Ave
Distance between this listing and this school0.94 miles
Public Magnet Grades 9-12
2
/10
Florida Virtual Academy At Osceola County
110 SE 6th St
Distance between this listing and this school1.67 miles
The neighbors living near this home have an average income of $31,444. Most Fort Lauderdale, FL residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
This home is located at 1033 NW 3rd Ave in Fort Lauderdale, FL and zip code 33311 in the South Middle River neighborhood. This 4,485 square foot home was built in 1958. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $1,250,000.
In March 2024 more than 15 listings in Fort Lauderdale, FL were sold above the asking price. During the same period more than 18 listings were sold at asking price, while more than 104 were sold below. The number of homes for sale in Fort Lauderdale, FL increased by 10% between February 2024 and March 2024. In March 2024 median list price was $475,006 and the average listing age was 66 days.
From Rocket Homes Real Estate and based on county public records data.