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    1202 NE 3Rd Ave Fort Lauderdale, FL 33304

    Sponsored
    For Sale
    $1,220,000

    Residential Income,Detached,Duplex - Fort Lauderdale, FL

    Property size:
    2,927 SF
    Days on Market:
    23
    Last Refresh:
    Jan 8 at 4:06 pm

    Property Features for 1202 NE 3Rd Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RD-15
    APN
    494234032600
    Parking
    6
    Patio and Porch features
    Patio
    Exterior features
    Exterior Lights, Fence, High Impact Doors, Patio
    Fencing
    Fenced
    Size
    2,927 SF

    Utilities

    Heating system
    Heat Pump (Heating)

    Building Details

    Year built
    1962
    Floors in Building
    1
    Flooring type
    Tile, Vinyl
    Building materials
    Block, Concrete
    Roof type
    Metal
    Architectural style
    Other

    Dalton Wade, Inc (727) 888-4175 [email protected]

    Listing agent Anastasiia Luneva (888) 668-8283 License #3568451

    Listing date Dec 17, 2025

    MLS# F10541362 Listing URL

    Copyright © 2026 BeachesMLS / Matrix. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Investment Property Near Downtown

    This fully renovated investment property is located approximately 5 minutes from Downtown Fort Lauderdale and Wilton Manors, and about 10 minutes from the beach. While records indicate the property is a duplex, it currently operates as five rentable spaces. These spaces include two studios, two one-bedroom, one-bathroom units, and one two-bedroom, one-bathroom unit, generating a gross monthly income of $8,800, or $105,600 annually. The property features a new metal roof, full impact windows and doors, and a new solar panel system that offsets operating costs. Additional improvements include new asphalt, professional landscaping, and a property-wide water filtration system. For security, RING cameras provide 24/7 monitoring. The property consists of two separate buildings connected by a breezeway with a hurricane-rated roof. A gated common patio is situated between the two buildings. New appliances are included in the units, all of which have in-unit washer and dryers. An EV charger and six off-street parking spaces are available. The property size is 2927 square feet and is located in Fort Lauderdale, FL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1412517
    Latitude
    26.1406022

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    FAQs

    What type of property is this?
    Apartment building - Fully renovated investment property near downtown Fort Lauderdale and Wilton Manors.
    Where is this apartment building located?
    The property is located at 1202 NE 3Rd Ave Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $1,220,000.
    What are key features of this property?
    This property features: - High Income Potential: Generates $8,800/month ($105,600/year) gross income from five rentable spaces.; - Prime Location: Situated in an A+ location, just 5 minutes from Downtown Fort Lauderdale and Wilton Manors, and 10 minutes from the beach.; - Recent Renovations: Fully renovated property with a new metal roof, impact windows & doors, and new asphalt & professional landscaping.
    (727) 888-4175
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1202 NE 3Rd Ave Fort Lauderdale, FL 33304
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