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Image 1 - 1509 NW 3rd Ave, Fort Lauderdale, Florida, 33311 - House for sale
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Nw Rd Ave, Fort Lauderdale, Home For Sale
1509 NW 3rd Ave, Fort Lauderdale, Florida, 33311

Nw Rd Ave, Fort Lauderdale, Home For Sale

house for sale
Listed: 06/27/24

1509 NW 3rd Ave, Fort Lauderdale, Florida, 33311

Studio Bed:
2,786 Sq Ft Living Area:
Save
Price
$ 715,000

About This House

Great investment opportunity in a booming neighborhood! Three units situated on a double lot (12, 159sf). The main home is a 3 bed / 1 bath cottage style property being operated as an AirBnB generating$3, 500per month. It has a separate backyard area, central AC, and was recently renovated. The 2nd unit is a 1 bed / 1 bath with an additional room, exclusive backyard patio, renovated kitchen, and new central AC system. This unit is currently rented at$1, 500per month. The 3rd unit is a studio where the kitchen and bathroom were partially renovated. Recently rented to a mid-term tenant at$2, 000per month. There are approximately 6 off-street parking spaces. Units 1 and 3 are fully furnished. There is a washer/dryer room for the property. Huge revenue and future development potential!

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Fort Lauderdale Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In May 2024, the asking price for 2 bed houses for sale in/near Fort Lauderdale, United States averaged $639,046, a decrease of 4.4% from the previous month.
Median price trends for properties for sale in Fort Lauderdale, United States as of May 2024.

Household Income

Median household income: $52,315
Number of households: 73,657
The average household income in Fort Lauderdale, FL grew from $51,648 to $52,315 in the past year. This data is an estimate based upon 73,657 households in Fort Lauderdale, FL.
The chart below presents how household income is distributed in Fort Lauderdale, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Fort Lauderdale, FL compared to median property taxes around the country. The prevalent amount of property taxes in Fort Lauderdale, FL equals $3k+ , which is more than the national average.