Progresso Fourplex For Sale
801 Ne 18th Ave #1-4, Fort Lauderdale, FL 33304

$1,483,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11794920
  • Virtual Tour: YES
  • List Price: $1,483,000
  • Living Area: 2776 Ft² / 258 M²
  • Price Per Foot/Meter: $534 / $5,750
  • Taxes:$23,663
  • Year Built:1960
  • Listing Date:May 1, 2025
  • Days On Market:365

Description


Strategic investment opportunity in the heart of Victoria Park featuring $100,000 in recent capital improvements and a stabilized income stream. Currently configured as a high-utility triplex, the property boasts an expansive, combined owner’s suite, offering a level of scale rarely found in traditional multi-family assets. While the tax roll reflects a fourplex classification, the current layout provides an ideal "house-hacking" scenario for an owner-occupant or a premier 1031 exchange vehicle for a long-term investor. Residents enjoy immediate proximity to the fine dining of Las Olas Boulevard and Fort Lauderdale’s renowned beaches, with rental income significantly offsetting carrying costs. This turnkey legacy asset is positioned for sophisticated buyers prioritizing location and recent physical upgrades in South Florida’s most resilient submarket.

Features


  • Floor:CeramicTile, Terrazzo
  • Exterior Feature:Balcony, Fence, Lighting, Patio, RoomForPool

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker