$607,500
SOLD JAN 21, 2025

1509 NW 3rd Ave Fort Lauderdale, FL 33311

South Middle River Neighborhood
-- Bed
-- Bath
2,000 Sq Ft
0.28 Acres

Recently Sold

$304 Per Sq Ft

13% Below List Price

148 Days on Market

Highlights

  • No HOA
  • Patio
  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Ceiling Fan

About This Home

As of January 2025

Great investment opportunity in a booming neighborhood that could generate approximately $9,500 / month! Three legal units situated on a double lot. The main home is a 3 / 1, being operated as an AirBnB that could generate approximately $5,500 per month. Fenced backyard area, central AC, and recently renovated. The 2nd unit is a 1 / 1 with an additional room, backyard, renovated kitchen, and new central AC system. This unit is currently rented at $1,600 per month. The 3rd unit is a studio recently rented to a mid-term tenant at $2,000 per month, but could generate approximately $2,500 per month as a short-term rental. There are approximately 6 off-street parking spaces. Units 1 and 3 are fully furnished. Shared washer/dryer for property. Huge revenue and future development potential!

Last Agent to Sell the Property

David Taxman

Lokation License #3563076

Lokation

Last Buyer's Agent

Grace Arauz-blanco

Emerald Realty True Partners License #3611627

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,189

Year Built

  • Built in 1938

Lot Details

  • Fenced

Parking

  • 6 Parking Spaces

Home Design

  • Triplex
  • Frame Construction
  • Flat Roof with Façade front
  • Shingle Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Ceiling Fan

Flooring

  • Tile
  • Vinyl

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Listing and Financial Details

  • Rent includes electricity, gardener, sewer, trash collection, water
  • Assessor Parcel Number 494234016180

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Progresso Condos
  • Progresso Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,189

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1938
  • Property Sub Type: Triplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: PROGRESSO
  • Year Built Details: Effective Year Built
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Vinyl
  • Furnished: Partially Furnished
  • Living Area: 2000
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Flat Roof With Facade Front, Shingle
  • Exterior Features: Exterior Lights, Fruit Trees
  • Construction Type: Frame, Stone, Wood Siding
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PROGRESSO
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Green Building Features: Laundry Facility
  • Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494234016180
  • Zoning: RDS-15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10189

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2025 01/21/25 Sold $607,500 -13.1% $304 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
10/30/2024 10/30/24 For Sale $699,000 +15.1% $350 / Sq Ft
08/19/2024 08/19/24 Off Market $607,500 -- --
08/17/2024 08/17/24 For Sale $699,000 0.0% $350 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
07/22/2024 07/22/24 Price Changed $699,000 -2.2% $350 / Sq Ft
07/09/2024 07/09/24 For Sale $715,000 0.0% $358 / Sq Ft
06/29/2024 06/29/24 Pending -- -- --
06/26/2024 06/26/24 For Sale $715,000 +101.4% $358 / Sq Ft
08/14/2020 08/14/20 Sold $355,000 -7.8% $145 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $385,000 +219.5% $158 / Sq Ft
07/25/2014 07/25/14 Sold $120,500 -27.0% $62 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
03/18/2014 03/18/14 For Sale $165,000 -- $85 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,950 $484,600 $66,870 $417,730
2024 $10,189 $484,600 $66,870 $417,730
2023 $10,189 $442,310 $66,870 $375,440
2022 $8,379 $351,450 $0 $0
2021 $7,634 $319,500 $66,870 $252,630
2020 $5,615 $211,790 $66,870 $144,920
2019 $4,810 $213,160 $66,870 $146,290
2018 $4,256 $201,070 $66,870 $134,200
2017 $4,026 $170,260 $0 $0
2016 $3,717 $154,790 $0 $0
2015 $3,460 $142,000 $0 $0
2014 $4,370 $180,110 $0 $0
2013 -- $168,820 $36,480 $132,340
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $455,625 New Conventional
Previous Owner $364,000 Credit Line Revolving
Previous Owner $199,479 Unknown
Previous Owner $152,000 Commercial
Previous Owner $160,550 Commercial
Previous Owner $129,000 Commercial
Previous Owner $44,900 Commercial
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $607,500 Capital Title Partners
Quit Claim Deed -- --
Quit Claim Deed -- None Listed On Document
Warranty Deed $355,000 National Title & Trust Inc
Warranty Deed $201,000 Attorney
Warranty Deed $142,000 Independent Title Of Fort La
Warranty Deed $120,500 Nu World Title Llc
Warranty Deed $165,000 New Republic Title Inc
Special Warranty Deed $112,000 --
Trustee Deed $75,800 --
Warranty Deed $172,000 --
Warranty Deed $95,000 --
Warranty Deed $95,000 --
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11612556

MIAMI REALTORS® MLS

APN: 49-42-34-01-6180

Florida Broward County Fort Lauderdale 33311 South Middle River

1509 NW 3rd Ave, Fort Lauderdale, FL

Homes for Sale in Fort Lauderdale, FL

This home is located at 1509 NW 3rd Ave, Fort Lauderdale, FL 33311 and is currently priced at $607,500, approximately $303 per square foot. This property was built in 1938. 1509 NW 3rd Ave is a home located in Broward County with nearby schools including Thurgood Marshall Elementary School, Sunrise Middle School, and Dillard High School.

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MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.