1520 NW 3rd Avenue, Fort Lauderdale, FL 33311

4 bed · 2 bath · 2,248 sqft · Built 1993

Remodeled split-layout single-family residence with exceptional income potential and flexible use. Both the front and rear units are currently operating as active Airbnb rentals, creating a strong short-term rental income opportunity from day one.The main/front residence offers a fully renovated 2-bedroom, 1-bath layout, while the detached rear unit also features 2 bedrooms and 1 bathroom, allowing for multiple income-producing possibilities and flexible living arrangements.The property includes a garage for parking or storage, with potential to convert into additional living space to further increase value and rental upside (buyer to verify). In addition to the garage, there is a driveway with space for approximately three vehicles. The lot is enclosed with a wooden gate, offering added privacy and security, and is move-in and rental ready.Ideal for investors seeking a high-income-producing property, or for owner-occupants looking to live in one unit while generating additional rental income to help offset the mortgage. Versatile configuration, remodeled condition, and multiple revenue streams make this a standout opportunity.

Property type

SingleFamilyResidence

Condition

Resale

Year built

1993

Stories

1

Roof

Shingle

Subdivision

PROGRESSO

Waterfront

No

Private pool

No

Parcel number

494234016450

Annual tax

$9,689

County just value

$466,960

Fort Lauderdale combines the deep-water Intracoastal grid (Las Olas Isles, Harbor Beach, Seven Isles) with downtown high-rises and burgeoning Flagler Village. Dockable waterfront commands the largest premiums in the county.