1044 NE 10th Avenue, Fort Lauderdale, FL 33304

• 1,413 sqft

Property Description

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

Listing Status:

Active

Date Added:

August 26, 2026

Data Last Updated:

September 28, 2026 at 6:19AM

Listing Office:

Old RE Property Solutions, LLC : 954-931-2533

Listing Agent:

Mina Tal Shahar : 954-734-9838

MLS ID:

B26068708

Interior

• Laundry: None
• Flooring: Ceramic TileTile
• A/C: Electric
• Heating: ElectricSeparate Meters
• Disability Feature: Accessibility FeaturesAccessible Common Area

Exterior

• General: None
• Parking: Parking spaces: 1

Construction

• Roofing: Shingle
• General: BlockStucco1

Location

• Originating MLS: BEACH_BEACH
• County: Broward

Lot

• Zoning: RMM-25PROGRESSO 2-18 D W 67.5 OF LOTS 46 TO 48 BLK 176494234047100
• Fencing: Back Yard

Utilities

• Utilities: Cable Not Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BEACH_BEACH