1044 NE 10th Avenue, Fort Lauderdale, FL 33304
- $649,900
- 1,413
- SqFt
- List Price
- $649,900
- Days on Market
- 1
- MLS#
- B26068708
- Sq. Ft
- 1,413
- Subtype
- Triplex
- County
- Broward
- Subdivision
- Progresso
- Year Built
- 1954
Property Description
This triplex in Fort Lauderdale's Progresso subdivision offers a compelling investment opportunity. Excellent income-producing property legally configured as a duplex with massive value-add potential. The property features stable cash flow across three currently occupied spaces, with the immediate ability to capitalize on a pre-configured 4th unit. The property comprises 1,413 square feet of finished living space across a single-story layout, providing straightforward ownership and management. As a residential income property, it delivers multiple revenue streams from one strategically positioned asset. Located in the established Progresso community, this triplex presents a tangible path to building equity while generating consistent returns. Unit 1 (Efficiency): Generates $1,200/month in rental income. Unit 2 (1BR / 1BA): Generates $1,500/month in rental income. Unit 3 (2BR / 2BA): Generates $1,950/month in rental income.Value-Add Potential: The 2BR/2BA space is already physically split and closed off into two distinct sections, each featuring its own private exterior entry. It is currently being leased to a single family as a whole 2/2. However, a future investor can effortlessly lease them out separately to maximize yield:Side A: A complete 1BR/1BA setup with a full kitchen.Side B: A standalone 1BR/1BA efficiency setup. Electric: The 2BR/2BA unit has its own separate electric meter and those tenants pay their own electric bill directly. The other units share a combined electric meter paid for by the owner. Water: Master metered for the entire building and paid for by the owner. Water Bill approximately $165.00 a month for the building FPL for the efficiency and 1/1 are approximately $150 a month garbage included in the water bill
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Additional Information
- Pets Allowed
- No Pet Restrictions, Yes
- Construction
- Block, Stucco
- Cooling
- Electric
- Flooring
- Ceramic Tile, Tile
- Heating
- Electric, Separate Meters
- Restrict
- NoRestrictions
- Roof
- Shingle
- Taxes
- $8,153
- Utilities
- Cable Not Available
- Stories
- 1
- Acres
- 0.12
- Price Per Sqft
- $459
- Elementary School
- Bennett
- Middle School
- Sunrise
- High School
- Fort Lauderdale
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Listing courtesy of Old RE Property Solutions, LLC. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Mina Tal Shahar | Email: RTSconsultation@gmail.com