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721 NW 3rd Ave Fort Lauderdale, FL $ 2,300,000
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721 NW 3rd Ave
$ 2,300,000
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721 NW 3rd Ave

Fort Lauderdale, FL, 33311
$ 2,300,000
Bedrooms-- Baths-- Sq 7,343

Monthly Estimate*

$ 15,287

721 NW 3rd Ave, Fort Lauderdale, FL 33311 - Image 1
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721 NW 3rd Ave, Fort Lauderdale, FL 33311 - Image 9
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721 NW 3rd Ave, Fort Lauderdale, FL 33311 - Image 15
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Commercial Property for sale in Fort Lauderdale, FL

for $2,300,000. This 7,343 square foot building was built in 1973 on a lot size of 0.309917.

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, plenty of parking, 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!!

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Commercial Active

Price

$ 2,300,000

Property Type

Commercial

Taxes

$ 33,356

Style

MultiFamily

Lot Size

0.309917

Year Built

1973

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

A11776976
Features
General
Year Built 1973
Property Subtype MultiFamily
County Broward
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Status Active
City Fort Lauderdale
Senior Community Y/N N
Zoning Description RMM-25
MLS Area 3810
Lot Size Units SquareFeet
Lot Size Square Feet 13500.0
Waterfront Y/N N
Carport Y/N N
Electric On Property Y/N N
Listing Terms Cash Conventional
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 33356.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11776976
Structure Type Apartment
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional MultiFamily
Legal Description PROGRESSO 2-18 D LOTS 11 12 13 14 BLK 283
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Exterior
Lot Size Area 13500.0
Spa N
Building Area Total 7343.0
Private Pool N
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Total Baths 0
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Internal Only
Street Number 1 721
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* Excluded Features
List By
The Keyes Company

Broker

SandrasListings@gmail.com

Email

Affordability Calculator

$18,066
Per Month
85%
15%
0%
Monthly Principal & Interest
$15,287
Monthly Property Taxes
$2,780
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/7/2025$2,300,000 Listed Price

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721 NW 3rd Ave, Fort Lauderdale, FL, 33311 is a Commercial Property for sale at $2,300,000 with 7,343 sqft and a lot size of 0.309917. 721 NW 3rd Ave was built in 1973. The property's zip code is 33311 which is in Fort Lauderdale, FL

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