Address
1026 Ne 9th Ave, Fort Lauderdale, FL
Price
$ 800,000
Property Attributes
- MLS#A12087752
- TypeIncome
- Listing Status Active
- CountyBroward
- CityFort Lauderdale
- Area3370
- NeighborhoodPROGRESSO
- Zip33304
- Style
- Year Built1980
- Taxes$ 12386
- Price$ 800,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1892
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description
Rare opportunity to acquire a legal three-unit income property in a very desirable area of Fort Lauderdale with immediate rental income and significant future revenue potential. Located on a quiet dead end street, 2 miles from the beach and Las Olas, as well as just half a mile from Flagler Village. This 5-bedroom, 4-bath triplex consists of two spacious 2-bedroom units plus a furnished 1-bedroom unit previously operated as a short-term rental. Units 1 and 2 are currently leased, with leases expiring in approximately 4–6 months, providing an incoming owner flexibility to continue traditional rentals at higher rates or explore a furnished short-term-rental strategy. Unit 3 is completely furnished and ready to operate as a short or long term rental. The property offers 5 onsite parking spaces, separate electric meters, shared laundry, private outdoor areas for Units 1 and 2 and additional outdoor space for unit 3. Recent improvements include interior and exterior painting, multiple newer window AC units and electrical updates. With current long-term income, additional market-rent potential and the possibility of operating multiple furnished rentals, this property offers several investment strategies in one asset.
| Price History | |
|---|---|
| 9/15/2026 | Listed $800,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Wall Furnace |
| Cooling | Wall/Window Unit(s) |
| Utilities | Cable Available |
| Possession | Closing & Funding |
| Roof | Shingle |
| Pool Features | None |
| Construction Materials | Block |
| Year Built | 1980 |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Triplex |
| Tax Year | 2025 |
| County | Broward |
| Net Operating Income | 46200 |
| Operating Expense | 21000 |
| Property Type | Residential Income |
| Subdivision Name | PROGRESSO |
| Rent Includes | None |
| Full Baths | 1 |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| City | Fort Lauderdale |
| Zoning Description | RMM-25 |
| Number Of Units Total | 1 |
| MLS Area | 3370 |
| Lot Size Units | Square Feet |
| Listing Terms | Cash,Conventional,FHA,VA Loan |
| Year Built Details | Effective Year Built |
| Tax Annual Amount | 12386 |
| MLS Area Minor | Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700) |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A12087752 |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Total Actual Rent | 67200 |
| Property Sub Type Additional | Triplex |
| PostalCity | Fort Lauderdale |
| Legal Description | PROGRESSO 2-18 D LOT 37,38 BLK 177 |
Interior Features
| Flooring | Tile |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 2 |
Exterior Features
| Lot Features | < 1/4 Acre |
|---|---|
| Water Source | Public |
| Total Parking | 4 |
| Building Area Total | 1892 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 33304
Price
Taxes
Year Built
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Data Last Updated: September 22, 2026 3:31 AM UTC
Palm Beach Board of Realtors MLS® (PBBORMLS) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
