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1044 NE 10th Avenue

Fort Lauderdale, FL 33304
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Bed 4

Bed

Bath 4

Bath

SqFt1,413

Sqft

SqFt5,062

Sqft(Lot)

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 i n 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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $649,900

AD Id : 90075293

MLS Id : B26068708

Beds : 4

Lot Size : 5,062 Sqft

Living Area Size : 1,413

Tax Amount : 8153.41

Year Built : 1954

County : Broward

Subdivision: Progresso

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Feature Features

  • Interior Features

    Roof: Shingle
    Laundry Features: None
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, SeparateMeters Has Cooling: Yes Cooling: Electric

  • Building Information

    Year Built: 1954
    Building Area Total: 1413
    Construction Materials: Block, Stucco
    Stories: 1
    Private Pool: No
  • Exterior Features

    Exterior Features: None

  • Lot Information

    Main Square Feet: 5062 Lot Size Acres: 0.12 Lot Description: LessThanQuarterAcre

    Property Information

    Subdivision: PROGRESSO Source Property Type: ResidentialIncome MLS Area Minor: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700), Postal Code Plus 4: 2113 Property SubType: Triplex Levels: One Property Age: 72

  • Listing Price Information

    Listing Price: $649900
    Cash, Conventional, FHA, VaLoan

  • Tax Information

    Parcel Number: 494234047100 Tax Year: 2025 Annual Tax: $8153.41 Tax Legal Desc: PROGRESSO 2-18 D W 67.5 OF LOTS 46 TO 48 BLK 176

  • Parking Information

    Parking Total: 1

    Garage Information

    Pets Allowed: NoPetRestrictions, Yes

  • School Information

    Elementary School: Bennett Junior High School: Sunrise Senior High School: Fort Lauderdale
  • Utility Information

    CableNotAvailable
  • Location Information

    WaterSource: Public
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1234 NE 17th Terrace, Fort Lauderdale, FL, 33304 $1,565,000 3 4 2,502 4,254 Sqft

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ByOwner last updated this listing 09/02/2026 @ 16:49

MLS: B26068708 LISTED BY: Mina Tal Shahar, Old RE Property Solutions, LLC 954-734-9838 SOURCE: Beaches MLS

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