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1202 NE 3rd Ave
Fort Lauderdale, FL 33304 South Middle River

$1,220,000 USD

Apartments For Sale • 2,927 SF

Property Details

Property Type Apartments
Total Building Size 2,927 SF
Lot Size 0.16 AC
Building Class B
Year Built 1962
Cap Rate 7.00 %
Zoning RD-15

45 Transit Score

84 Walk Score

                
                    Highlights
                
                                New metal roof;  water filtration; RING cameras 24/7. 
                            
                                Full impact windows & doors, New solar panel system (offsets operating costs),   New asphalt & professional landscaping

Financial Summary (Actual)

Net Operating Income: $83,000 USD (2024)

Cap Rate:	7.00 %
Total Expenses:	$20,000 USD

Amenities

Security System

Public Transportation

Commuter Rail	Drive	Walk	Distance
	4 min	-	1.5 mi
Fort Lauderdale (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	10 min	-	4.0 mi
Airport	Drive	Walk	Distance
Fort Lauderdale/Hollywood International	16 min	-	8.8 mi
Miami International	53 min	-	34.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Anastasiia Luneva 954-673-8282 Dalton Wade Real Estate Group

1202 NE 3rd Ave Fort Lauderdale, FL 33304 South Middle River