721 NW 3rd Ave | Fort Lauderdale, FL 33311
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- LoopNet Team
721 NW 3rd Ave
Fort Lauderdale, FL 33311
Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- *Great Investment Opportunity, UPSIDE POTENTIAL!
- *5 minutes to the beach.
- *Progresso Village has seen a surge in new housing, mixed-use projects and commercial development making it one of the most desirable places to live.
- *Blocks to the Bright Line.
- *Surrounded by an enormous number of projects gentrifying Andrews Avenue, and the Sistrunk District.
- *Tax benefits that accompany Opportunity Zones (OZ) create a powerful incentive to allocate capital into economically distressed areas.
PROPERTY FACTS
| No. Units | 10 | Lot Size | 0.31 AC |
| Property Type | Multifamily | Building Size | 10,684 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1973 |
| Building Class | C | Parking Ratio | 2.59/1,000 SF |
| Zoning | RMM-25 - Residential Multi-Family | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 10,684 SF |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 2.59/1,000 SF |
| Zoning | RMM-25 - Residential Multi-Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Walking/Biking Trails
- Public Transportation
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 10 | $1,900 | 734 - 735 |
PROPERTY TAXES
| Parcel Number | 49-42-34-07-0340 | Improvements Assessment | $1,429,700 |
| Land Assessment | $67,500 | Total Assessment | $1,646,920 |
PROPERTY TAXES
Parcel Number
49-42-34-07-0340
Land Assessment
$67,500
Improvements Assessment
$1,429,700
Total Assessment
$1,646,920
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