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1202 NE 3RD Avenue, Fort Lauderdale, FL 33304
Active
29 Days on Market
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How this price compares

List price
$900,000
Price per sq ft
$534
Original price
$1,210,000
Days on market
29

This multi-family property in Progresso is listed at $900,000, or $534 per square foot. The asking price has come down 25.6% from its original $1,210,000. It has been on the market for 29 days.

0
Bedrooms
0
Bathrooms
1,686
Living Sq Ft
1962
Year Built

Estimated monthly payment

$4,730 /mo

Principal and interest only, based on $180,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$900,000
Days on Site
29 Days
Bedrooms
0
Total Baths
0
Living Area
1,686 sqft
Total Sq Ft
2,312 sqft
Lot Size
0.16 Acres
Year Built
1962
Property Type
Multi-Family
MLS #
B26068659
Property Tax
$12,625 (2025)
Subdivision
PROGRESSO
County
Broward
Status
Active
Special Conditions
Standard / Listed As Is

About This Property

Fully renovated investment property in an A+ location, just 5 minutes to Downtown Fort Lauderdale and Wilton Manors and 10 minutes to the beach. Public records indicate a duplex; currently operating as 5 rentable spaces: 2 studios, 2 one-bedroom/one-bath units, and 1 two-bedroom/one-bath unit, producing $8,550/month gross ($102,600/year). Features include a new metal roof, impact windows and doors, solar panel system to offset operating costs, new asphalt and landscaping, property-wide water filtration, Ring cameras with 24/7 monitoring, 2 separate buildings connected by a breezeway with hurricane-rated roof, gated common patio, new appliances, in-unit W/D in all units, EV charger, and 6 off-street parking spaces. Turnkey income-producing property in a prime rental location. 1 Studio: $1000 2 2/1: $2600 3 Studio: $1500 4 1/1: $1650 5 1/1: $1800 Total:$8550 All utilities are included

MLS media link

General Features

Property Type
Multi-Family
Status
Active
Year Built
1962
Property Condition
Resale
Number of Stories
1
Levels
One
Lot Size (Acres)
0.16
Living Sq Ft
1,686
Total Sq Ft
2,312
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
RD-15

Interior Features

Cooling
Ductless / Electric / Heat Pump / Other
Heating
Electric / Heat Pump
Flooring
Tile / Vinyl / Wood
Laundry
Inside / In Kitchen / In Unit
Windows
Blinds

Exterior Features

Construction
Block / Stucco
Roof
Metal
Exterior Features
Barbecue / Outdoor Living Area / Other
Patio & Porch
Patio
Lot Features
Less Than Quarter Acre
Waterfront Features
None

Community & HOA

Utilities
Cable Available / Electricity Not Available / Sewer Connected / Water Connected
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash
Restrictions
No Restrictions / Ok To Lease / Short Term Rentals Allowed
MLS Area
3370

Schools

Elementary School
North Side
Middle School
Sunrise
High School
Fort Lauderdale

Progresso is a community in Fort Lauderdale, Broward County, Florida. Active listings are priced from $244,900 to $2,900,000. Homes were built between 1931 and 2027. Pure Equity lists homes in Progresso and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
124
Under Contract
19
Median List Price
$782,381
Median Sale Price (September)
$640,000
Median $/Sq Ft
$468
Avg Days on Market
103
View all 124 homes for sale in Progresso →
How do I schedule a tour of 1202 NE 3RD Avenue, Fort Lauderdale, FL 33304?
Use the Tour button on this listing to request a showing of 1202 NE 3RD Avenue, Fort Lauderdale, FL 33304. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 1202 NE 3RD Avenue, Fort Lauderdale, FL 33304 still available?
1202 NE 3RD Avenue, Fort Lauderdale, FL 33304 is currently listed as Active, and has been on the market 29 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 1202 NE 3RD Avenue, Fort Lauderdale, FL 33304?
With 20% down ($180,000) on the $900,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1202 NE 3RD Avenue, Fort Lauderdale, FL 33304 is about $4,730/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 1202 NE 3RD Avenue, Fort Lauderdale, FL 33304?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1202 NE 3RD Avenue, Fort Lauderdale, FL 33304. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 1202 NE 3RD Avenue, Fort Lauderdale, FL 33304?
1202 NE 3RD Avenue, Fort Lauderdale, FL 33304 is zoned for North Side (elementary), Sunrise (middle), Fort Lauderdale (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 1202 NE 3RD Avenue, Fort Lauderdale, FL 33304?
Often, yes. The right offer on 1202 NE 3RD Avenue, Fort Lauderdale, FL 33304 depends on how it's priced against comparable multi-family sales in Fort Lauderdale, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Gofman Real Estate Group

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.

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Listed by Gary Gofman, Gofman Real Estate Group

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