7,343 sqft

$1,950,000

721 NW 3rd Ave, Fort Lauderdale FL, 33311

Price per sqft$265.56

Built in1973

Property size7,343 sqft

Property typeCommercial

Overview

Sold

Closed

Listed Apr 3, 2025

Updated Jul 7

Phenomenal Opportunity to own a 10 unit apartment building in the best location in Fort Lauderdale! The property includes 10 Two Bedroom/1 Bath apts, 13,500 square foot lot, all units have ceramic tile floors, A/C units, shared laundry, Roof is 2024 and zoned RMM-25. This property is located in the heart of Progresso Village, adjacent to Flagler Village, and on the East Side of Sistrunk Blvd Redevelopment Opportunity Zone!! Located in the Center of Redevelopment, Brand New Luxury High Rise properties are approved for construction within 1 block. This amazing property can easily generate $240,000 in annual revenue. Most of the units are month to month. This is an exciting opportunity for any savvy investor interested in South Florida's booming real estate market!!

Additional information

MLS^® ID: A11776976

Interior Features

Basement: No

Exterior Features

Lot Size: 0.31 Acres

Other Property Details

Taxes: $33,356
Tax Frequency: Annually

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 10:07 PM UTC, 7/7/2026.

Listed by: The Keyes Company, 954-467-0105