Sold for $607,500

$607,500

1509 NW 3rd Ave, Fort Lauderdale, FL 33311

5beds

3baths

2,000sqft

Triplex

Built in 1938

-- sqft lot

$-- Zestimate^®

$304/sqft

$3,407 Estimated rent

Home value

Not available

Estimated sales range

Not available

$3,407/mo

Zestimate^® history

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$3,407/mo

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$4,247/mo

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$4,247/mo

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What's special

Great investment opportunity in a booming neighborhood that could generate approximately $9,500 / month! Three legal units situated on a double lot. The main home is a 3 / 1, being operated as an AirBnB that could generate approximately $5,500 per month. Fenced backyard area, central AC, and recently renovated. The 2nd unit is a 1 / 1 with an additional room, backyard, renovated kitchen, and new central AC system. This unit is currently rented at $1,600 per month. The 3rd unit is a studio recently rented to a mid-term tenant at $2,000 per month, but could generate approximately $2,500 per month as a short-term rental. There are approximately 6 off-street parking spaces. Units 1 and 3 are fully furnished. Shared washer/dryer for property. Huge revenue and future development potential!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3

Heating

Central

Cooling

Ceiling Fan(s), Central Air, Wall/Window Unit(s)

Features

Flooring: Tile, Vinyl

Interior area

Total structure area: 2,040
Total interior livable area: 2,000 sqft

Property

Parking

Total spaces: 6

Features

Stories: 1
Patio & porch: Patio
Exterior features: Lighting
Fencing: Fenced

Lot

Features: 1/4 To Less Than 1/2 Acre Lot
Residential vegetation: Fruit Trees

Details

Parcel number: 494234016180
Zoning: RDS-15

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Frame, Stone, Wood Siding
Roof: Flat Roof With Facade Front,Shingle

Condition

Year built: 1938

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Subdivision: Progresso

HOA

Has HOA: No

Location

Region: Fort Lauderdale

Financial & listing details

Price per square foot: $304/sqft
Tax assessed value: $488,840
Annual tax amount: $10,189
Date on market: 6/25/2024
Listing terms: All Cash,Conventional,FHA,VA Loan

Price history

Date	Event	Price
1/21/2025	Sold	$607,500-13.1%$304/sqft
Source: MIAMI #A11612556 Report a problem
11/21/2024	Pending sale	$699,000$350/sqft
Source: MIAMI #A11612556 Report a problem
10/30/2024	Listed for sale	$699,000$350/sqft
Source: MIAMI #A11612556 Report a problem
8/19/2024	Listing removed	--
Source: MIAMI #A11612556 Report a problem
8/17/2024	Listed for sale	$699,000$350/sqft
Source: MIAMI #A11612556 Report a problem
8/16/2024	Pending sale	$699,000$350/sqft
Source: MIAMI #A11612556 Report a problem
7/22/2024	Price change	$699,000-2.2%$350/sqft
Source: MIAMI #A11612556 Report a problem
7/9/2024	Listed for sale	$715,000$358/sqft
Source: MIAMI #A11612556 Report a problem
6/29/2024	Pending sale	$715,000$358/sqft
Source: MIAMI #A11612556 Report a problem
6/26/2024	Listed for sale	$715,000+101.4%$358/sqft
Source: MIAMI #A11612556 Report a problem
12/1/2023	Listing removed	--
Source: MIAMI #A11477487 Report a problem
11/14/2023	Price change	$2,500-7.4%$1/sqft
Source: MIAMI #A11477487 Report a problem
11/4/2023	Price change	$2,700-10%$1/sqft
Source: MIAMI #A11477487 Report a problem
10/30/2023	Listed for rent	$3,000+57.9%$2/sqft
Source: MIAMI #A11477487 Report a problem
3/1/2021	Listing removed	--
Source: Owner Report a problem
10/25/2020	Listing removed	$1,900$1/sqft
Source: Owner Report a problem
10/11/2020	Listed for rent	$1,900$1/sqft
Source: Owner Report a problem
8/14/2020	Sold	$355,000-7.8%$178/sqft
Source: BeachesMLS #F10234200 Report a problem
7/13/2020	Pending sale	$385,000$193/sqft
Source: Charles Rutenberg Realty Fort #F10234200 Report a problem
6/15/2020	Listed for sale	$385,000+91.5%$193/sqft
Source: Charles Rutenberg Realty Fort Lauderdale #F10234200 Report a problem
4/22/2019	Sold	$201,000+41.5%$101/sqft
Source: Public Record Report a problem
9/3/2014	Sold	$142,000+17.8%$71/sqft
Source: Public Record Report a problem
7/31/2014	Sold	$120,500-27%$60/sqft
Source: Public Record Report a problem
10/16/2002	Sold	$165,000+47.3%$83/sqft
Source: Public Record Report a problem
7/9/2002	Sold	$112,000+47.8%$56/sqft
Source: Public Record Report a problem
4/4/2002	Sold	$75,800-55.9%$38/sqft
Source: Public Record Report a problem
8/18/1999	Sold	$172,000+81.1%$86/sqft
Source: Public Record Report a problem
5/12/1997	Sold	$95,000$48/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,354 +3.7%	$488,840 +0.9%
2024	$10,950 +7.5%	$484,600 +9.6%
2023	$10,189 +21.6%	$442,310 +25.9%
2022	$8,379 +9.8%	$351,450 +10%
2021	$7,634 +35.9%	$319,500 +50.9%
2020	$5,615 +16.7%	$211,790 +2.8%
2019	$4,810	$206,000 +2.5%
2018	$4,810 +13%	$201,070 +18.1%
2017	$4,256 +5.7%	$170,260 +10%
2016	$4,026 +8.3%	$154,790 +9%
2015	$3,717 -14.9%	$142,000 -21.2%
2014	$4,370	$180,110 +6.7%
2013	$4,370 +20.6%	$168,820 +5.4%
2011	$3,623 -12.3%	$160,220 -11.7%
2010	$4,131 -41.8%	$181,540 -47.2%
2007	$7,097 0%	$343,770 +10.9%
2006	$7,100 +62.6%	$310,000 +58.2%
2003	$4,366	$195,960