1044 NE 10th Avenue, Fort Lauderdale, FL 33304
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: mina tal shahar
Office: old re property solutions, llc.
MLS#:B26068708
Source:RMLS
Price summary
- Price:$649,900
- Price per sq. ft.:$459.94
About this home
This triplex in Fort Lauderdale's Progresso subdivision offers a compelling investment opportunity. Excellent income-producing property legally configured as a duplex with massive value-add potential. The property features stable cash flow across three currently occupied spaces, with the immediate ability to capitalize on a pre-configured 4th unit. The property comprises 1,413 square feet of finished living space across a single-story layout, providing straightforward ownership and management. As a residential income property, it delivers multiple revenue streams from one strategically positioned asset. Located in the established Progresso community, this triplex presents a tangible path to building equity while generating consistent returns. Unit 1 (Efficiency): Generates $1,200/month in rental income. Unit 2 (1BR / 1BA): Generates $1,500/month in rental income. Unit 3 (2BR / 2BA): Generates $1,950/month in rental income.Value-Add Potential: The 2BR/2BA space is already physically split and closed off into two distinct sections, each featuring its own private exterior entry. It is currently being leased to a single family as a whole 2/2. However, a future investor can effortlessly lease them out separately to maximize yield:Side A: A complete 1BR/1BA setup with a full kitchen.Side B: A standalone 1BR/1BA efficiency setup. Electric: The 2BR/2BA unit has its own separate electric meter and those tenants pay their own electric bill directly. The other units share a combined electric meter paid for by the owner. Water: Master metered for the entire building and paid for by the owner. Water Bill approximately $165.00 a month for the building FPL for the efficiency and 1/1 are approximately $150 a month garbage included in the water bill...
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Home facts
- Year built:1954
- Subdivision & Development:PROGRESSO
- Listing ID #:B26068708
- Added:1 day(s) ago
- Updated:August 26, 2026 at 08:43 PM
Rooms and interior
- Flooring:Ceramic Tile, Tile
- Living area:1,413 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Electric
Structure and exterior
- Roof:Shingle
- Year built:1954
- Building area:1,413 sq. ft.
- Construction Materials:Block, Stucco
- Levels:1 Story
Schools
- High school:Fort Lauderdale
- Middle school:Sunrise
- Elementary school:Bennett
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$649,900
- Price per sq. ft.:$459.94
- Tax amount:$8,153 (2025)
Parking
- Total parking spaces:1
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