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# $2,095,000 For Sale

Commercial listing in Fort Lauderdale For Sale


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MLS# A11776976

For Sale


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$2,095,000

Days on Market: 63

13,500 ft2 (1,254 m2)
$155
Days on Market: 489
Listed On: June 6, 2025
Days on Market: 489
Year: 1973
Taxes: 33356 (Yearly)
Parking: 0 Garage Space/s
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!!

Additional Details
Mls: A11776976
Parcel Number: 494,234,070,340
Property Type: Commercial Sale
Property Subtype: Income/MultiFamily
Business Type: Apartments
Bedrooms: 0
Bathrooms: 0
Bathrooms Full: 0
Bathrooms Half: 0
Virtual Tour: [VIEW]
Garage Yn: No
Garage Spaces: 0
Covered Spaces: 0
Pool Yn: No
Waterfront Yn: No
Attached Yn: No
Lease Amount: 0
New Construction Yn: No
Listing Terms: All Cash,Conventional/Refinance
Association Yn: No
Association Fee: 0
Sqft: 0
Prop Sqft: 13,500
Building Sqft: 7,343
Compass Point: NORTHWEST
Street Number: 721
Street Name: 3rd Ave
Address: 721 NW 3rd Ave, Fort Lauderdale FL 33311
Days On Market: 63
Heating Yn: No
Cooling Yn: No
City: Fort Lauderdale
County: Broward County
State: FL
Zipcode: 33311
Latitude: 26.1322792
Longitude: -80.1473041
Price: 2,095,000
Maintenance Fee: 0
Original Price: 2,300,000
Previous Price: 2,250,000
Close Price: 0
Yearly Taxes: 33,356
Special Listing Conditions: Sale
Year Built: 1,973
Entry Date: 2025-06-06
Status: Active
Major Change Type: Price Decrease
Sys Date Modified: 2025-06-06
Major Change Date: 2025-06-06
Status Change Date: 2025-04-07
Price Change Date: 2025-06-06
Original Entry Date: 2025-04-07

Location

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