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    1309 NE 3Rd Ave Fort Lauderdale, FL 33304

    For Sale
    $615,000

    Triplex near downtown Fort Lauderdale with renovation potential.

    Building Details

    Year built
    1957

    Source: CENTURY 21 Tenace Realty Agent Lephonia Etienne

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Lauderdale Triplex Investment Opportunity

    This triplex, minutes from downtown Fort Lauderdale and I95, presents an investment opportunity. The property, legally classified as a duplex per tax records, features three separate units. There are two 1-bedroom, 1-bathroom units and one 2-bedroom, 2-bathroom unit, each with a private entrance. Open parking is available on site. The property is being sold AS IS and offers renovation potential. The location is in a rapidly growing area.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1475228
    Latitude
    26.1424657

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    FAQs

    What type of property is this?
    Triplex - Triplex near downtown Fort Lauderdale with renovation potential.
    Where is this triplex located?
    The property is located at 1309 NE 3Rd Ave Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $615,000.
    What are key features of this property?
    This property features: - Triplex configuration with two 1BR/1BA units and one 2BR/2BA unit for immediate rental income.; - Prime location near downtown Fort Lauderdale and I95.; - Investment opportunity with renovation potential.
    (954) 907-1732
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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
    1309 NE 3Rd Ave Fort Lauderdale, FL 33304
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