PROGRESSO

1028 NW 3rd Ave, Fort Lauderdale FL 33311

2,586 ft²

For Sale · Active Listing

$1,100,000

Est. Payment $5,855/mo

MLS Sheet Video

2,586

Sq. Ft.

1970

Year Built

4

Stories

17

Days on Market

Description

Strong cash flowing 4 unit investment opportunity generating $7350 per month with low operating expenses. Fully renovated property featuring three 1 BR/ 1 BA units and one 2 BR / 2 BAth units. All units leased. Recent upgrades include new roof, impact windows, and shared on site laundry for all tenants. Located in a rjapidly developing Fort Lauderdale area surrounded by new construction and growth, making this a prime buy and hold asset with appreciation potential. Turn-key stabilized, and buit for immediate returns. Unit 1 $1700, Unit 2 $1850 Unit 3 $1850 and Unit 4 (2br/2ba) $1950. All have 1 year leases.

Facts

MLS#
A11966315
Subdivision
PROGRESSO
Property Type
Residential Income
Property Sub Type
Quadruplex
Year Built
1970
Lot Size
0 sqft
Sq. Ft.
2,586 ft²
Sq. Mt.
240 m²
Price per sq. ft.
$425/ft²
Price per sq. mt.
$4,583/m²
Stories
4
Garage
Pool
Days on Market
17 days
Listed
Feb 16, 2026
Last Updated
Apr 1, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Fort Lauderdale

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

51

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

2/16/2026Listed for sale$1,100,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1028 NW 3rd Ave, Fort Lauderdale FL 33311Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$6,921/mo

Principal & Interest

$5,855

Property Tax

$917

Insurance

$150

HOA

$0

20% ($220,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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