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$1,950,000
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Property Description
Phenomenal Opportunity to own a 10 unit apartment building in the best location in Fort Lauderdale! The property includes 10 Two Bedroom/1 Bath apts, 13,500 square foot lot, all units have ceramic tile floors, A/C units, shared laundry, Roof is 2024 and zoned RMM-25. This property is located in the heart of Progresso Village, adjacent to Flagler Village, and on the East Side of Sistrunk Blvd Redevelopment Opportunity Zone!! Located in the Center of Redevelopment, Brand New Luxury High Rise properties are approved for construction within 1 block. This amazing property can easily generate $240,000 in annual revenue. Most of the units are month to month. This is an exciting opportunity for any savvy investor interested in South Florida's booming real estate market!!
Full Property Details
Full Property Details for 721 NW 3rd Ave
General
- Sold For: $1,950,000
- Taxes: $33,356
- Status: Closed
- Type: Apartment
- Source: Greater_Miami
- MLS ID: A11776976
- Added to Site: 290 day(s) ago
Business
- Business Type: Apartments
Location
- County: Broward County
Community
- Units Assoc/Comm: 1
Structural Information
- Detached/Attached: Detached
- Building Size: 7343
- Year Built: 1973
Unit Information
- Units in Complex: 1
Lot Features
- Lot Size (Sq. Ft.): 13,500
- Potential Use: Investment
- Zoning: RMM-25
Financial Considerations
- Tax Amount: $33,356
- Terms: All Cash, Conventional/Refinance
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: PROGRESSO 2-18 D LOTS 11, 12, 13, 14 BLK 283
- Property ID: 494234070340
Listed by The Keyes Company
Sold by One Sotheby's Int'l Realty
Get Pre-Approved Today
Schools
Schools serving 721 NW 3rd Ave
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
North Side Elementary School 120 Northeast 11th Street, Fort Lauderdale, FL 33304 | PK-5 | 0.5 mi |
Sunrise Middle School 1750 Northeast 14th Street, Fort Lauderdale, FL 33304 | 6-8 | 1.7 mi |
Fort Lauderdale High School 1600 Northeast 4th Avenue, Fort Lauderdale, FL 33305 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 721 NW 3rd Ave
Date
Details
Price
Change
Source
8/21/2025
Sold
$1,950,000
-6.92%
MLS
6/05/2025
Price Reduced
$2,095,000
-6.89%
MLS
5/14/2025
Price Reduced
$2,250,000
-2.17%
MLS
4/03/2025
Listed
$2,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
721 NW 3rd Ave, Fort Lauderdale, FL 33311 (MLS# A11776976) is a Apartment property that was sold at $1,950,000 on August 21, 2025. Want to learn more about 721 NW 3rd Ave? Do you have questions about finding other Apartment real estate for sale in Fort Lauderdale? You can browse all Fort Lauderdale real estate or contact a Coldwell Banker agent to request more information.

