$625,000
Sold · December 9, 2025
1317 NE 1st Avenue
Fort Lauderdale, FL 33304
Explore the area: Fort Lauderdale homes for sale · Broward County real estate
Sale Summary
What this home sold for
- Sold price
- $625,000
- Vs. list price
- At list
- Days on market
- 58
- Price per sq ft
- $600
This multi-family property in Progresso sold for $625,000 on December 9, 2025. That was exactly its final list price of $625,000. It first came on the market at $695,000, so the price was adjusted before it sold. It spent 58 days on the market.
Listing Snapshot
- Sold Price
- $625,000
- Sold On
- December 9, 2025
- Days on Site
- 58 Days
- Bedrooms
- 0
- Total Baths
- 2
- Living Area
- 1,042 sqft
- Total Sq Ft
- 1,475 sqft
- Lot Size
- 0.16 Acres
- Year Built
- 1966
- Property Type
- Multi-Family
- MLS #
- R11123704
- Property Tax
- $5,492 (2025)
- Subdivision
- PROGRESSO
- County
- Broward
- Status
- Sold
About This Property
Sunrise on 1st presents a rare duplex offering in the heart of Fort Lauderdale, blending versatile living arrangements with strong income potential. Situated less than two miles from the beach and the vibrant Las Olas corridor, the property enjoys a prime location with immediate access to lifestyle amenities, shopping, dining, and major employment centers. Property Overview The front residence is a well-appointed two-bedroom, one-bathroom home with open living spaces, while the rear residence is a private one-bedroom, one-bathroom unit featuring a dedicated deck—perfect for enjoying the outdoors. Both units are equipped with in-unit washers and dryers, a highly desirable feature for renters. The grounds include a spacious, landscaped backyard anchored by a tranquil pond and waterfall, creating a private retreat for tenants or an owner-occupant. Occupancy & Use Flexibility The property is currently available for lease, offering options for investors and end-users alike. An owner could occupy one unit while generating rental income from the other, or it could serve as a multi-generational home with an in-law suite. For investors, the property's location and layout make it especially well-suited for short-term rental platforms such as Airbnb or VRBO, as well as turnkey furnished rentals aimed at the growing relocation and corporate housing market. Income Potential Market rents in the immediate area support approximately $2,800/month for the two-bedroom front unit and $2,100/month for the one-bedroom rear unit, creating a projected combined gross monthly income of $4,900 (or $58,800 annually). Short term rents 3,000 to 4,500 monthly plus. With limited supply of quality duplexes in this submarket, and with demand for both long-term and furnished short-term housing continuing to rise, the property offers strong yield potential. Key Highlights Prime location under 2 miles to the beach, Las Olas, and downtown Fort Lauderdale. Flexible living arrangement: owner-occupied, investment rental, or in-law suite. Both residences include washer/dryer unitsan uncommon amenity for duplex product. Expansive backyard with pond and waterfall, ideal for outdoor enjoyment and tenant appeal. Market rents point toward robust cash-flow opportunities and Airbnb upside. Disclaimer All figures are approximate; buyer to verify all data and confirm with MLS and local market research.
Virtual TourGeneral Features
- Property Type
- Multi-Family
- Status
- Sold
- Year Built
- 1966
- Property Condition
- Resale
- Levels
- One
- Lot Size (Acres)
- 0.16
- Living Sq Ft
- 1,042
- Total Sq Ft
- 1,475
- Structure Type
- Duplex
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- RDS-15
Interior Features
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Vinyl
Exterior Features
- Construction
- Block / Concrete
- Roof
- Metal
- Exterior Features
- Outdoor Living Area
- Patio & Porch
- Deck / Patio
- Lot Features
- Less Than Quarter Acre
- Waterfront Features
- None
- View
- Other
Community & HOA
- Association Amenities
- None
- Utilities
- Cable Available / Sewer Available / Water Available
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- No Restrictions
- MLS Area
- 3380
About the Community
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
- 187
- Under Contract
- 22
- Median List Price
- $767,000
- Median Sale Price (September)
- $690,000
- Median $/Sq Ft
- $472
- Avg Days on Market
- 98
Frequently Asked Questions
- How do I schedule a tour of 1317 NE 1st Avenue, Fort Lauderdale, FL 33304?
- Use the Tour button on this listing to request a showing of 1317 NE 1st 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 1317 NE 1st Avenue, Fort Lauderdale, FL 33304 still available?
- 1317 NE 1st Avenue, Fort Lauderdale, FL 33304 is currently listed as Sold, and has been on the market 58 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 1317 NE 1st Avenue, Fort Lauderdale, FL 33304?
- With 20% down ($125,000) on the $625,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1317 NE 1st Avenue, Fort Lauderdale, FL 33304 is about $3,285/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 1317 NE 1st Avenue, Fort Lauderdale, FL 33304?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1317 NE 1st 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.
- Can I negotiate the price of 1317 NE 1st Avenue, Fort Lauderdale, FL 33304?
- Often, yes. The right offer on 1317 NE 1st 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 One Sotheby's International Realty
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 July 1, 2026.
$625,000
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Listed by Sophia J Willets, One Sotheby's International Realty
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Recent Sales
Recently sold homes in Progresso
These are the last 6 recorded closings in Progresso, with the price each home actually sold for rather than what it was listed at. They closed at a median of $468 per square foot. The most recent closed on September 28, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$520,000
Sold · September 28, 2026
1625 NW 2nd Avenue
3 bed · 2 bath · 1,111 sqft · $468/sqft
$29,800 under the asking price
Sold$690,000
Sold · September 25, 2026
1436 NE 17TH Terrace
5 bed · 4 bath · 1,668 sqft · $414/sqft
$60,000 under the asking price
Sold$1,170,000
Sold · September 25, 2026
1424 NE 16TH Avenue
4 bed · 3 bath · 1,780 sqft · $657/sqft
$25,000 under the asking price
Sold$525,000
Sold · September 22, 2026
1732 NE 15TH Avenue
3 bed · 2 bath · 1,080 sqft · $486/sqft
$25,000 under the asking price
Sold$900,000
Sold · September 21, 2026
848 NW 2nd Avenue
0 bed · 0 bath · 1,936 sqft · $465/sqft
$75,000 under the asking price
Sold$1,650,000
Sold · September 21, 2026
842 NW 1st Avenue
0 bed · 0 bath · 4,753 sqft · $347/sqft
$250,000 under the asking price
See every recorded sale in Progresso or find out what your Progresso home is worth.
