1520 NW 3rd Ave, Fort Lauderdale, FL 33311
PROGRESSO · Broward County
Key Facts
Description
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 Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Detached / OneStory
Year Built
1993
Stories
1
Living Area
2,804 sq ft
Lot Size
6,752 sq ft
Garage Spaces
1
Days on Market
134
MLS® Listing#
A11954145
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Pool
Parking
Patio
Fencing
Construction
Roof
Windows
Security
Community
Sewer
Water Source
Schools
- Middle:
- Sunrise
Financial Details
Annual Taxes
$9,689
Tax year 2025
Parcel Number
494234016450
Affordability Calculator
$123,000
Estimated monthly payment
$3,273/mo
Principal $492,000 · Est. interest $686,384 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Fort Lauderdale, FL
- $386,746
- Median Listing Price
- 111
- Median Days on Market
- 1,402
- Median Sq Ft
- $255
- Median Price / Sq Ft
- 8,740
- Active Listings
- This home’s price is 59% above the area median.
- Its price per sq ft is 14% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Fort Lauderdale, FL.
Location
Points of Interest in Fort Lauderdale, FL
Showing the Fort Lauderdale area map.
Nearby Schools
Fort Lauderdale High School
Secondary · 0.5 mi away
Thurgood Marshall Elementary School
Elementary · 0.5 mi away
North Side Elementary School
Elementary · 0.6 mi away
Pace Center for Girls, Broward
Secondary · 0.7 mi away
Fidelis Academy
School · 0.7 mi away
Sunrise High School
Secondary · 0.7 mi away
Wilton Manors Elementary School
Elementary · 0.9 mi away
Lauderdale Manors Elementary School
Elementary · 0.9 mi away
Mt Bethel Christian Academy
School · 1.0 mi away
Little Flower Montessori School
Elementary · 1.0 mi away
Sunland Park Academy
School · 1.1 mi away
New Beginnings Unity Academy
School · 1.1 mi away
Somerset Academy Village
Elementary · 1.2 mi away
Walker Elementary School
Elementary · 1.5 mi away
Bennett Elementary School
Elementary · 1.5 mi away
KIA Christian Preschool of Wilton Manors
School · 1.5 mi away
Cypress Pre School
School · 1.5 mi away
Atlantic Technical College
Primary School · 1.6 mi away
Oakland Park Elementary School
Elementary · 1.7 mi away
Northstar Academies
Secondary · 1.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 5701 Palm Drive, Fort Pierce, FL | $432,900 | 4 | 2 | 1,851 |
| 3207 SPANISH CEDAR Place, Fort Pierce, FL | $433,808 | 4 | 3 | 2,583 |
| 2968 Heritage Pines Drive, Fort Myers, FL | $434,285 | 3 | 3 | 2,064 |
| 615 NW 10th Ter 1, Fort Lauderdale, FL | $434,900 | 3 | 3 | 1,056 |
| 17026 Tremont Street, Fort Myers, FL | $434,900 | 5 | 3 | 2,710 |
| 16925 Elkhorn Coral Drive, North Fort Myers, FL | $434,999 | 3 | 3 | 2,221 |
Moving Cost Estimate
EXIT Agents in Fort Lauderdale
Listing Courtesy: Compass Florida, LLC - 3058512820
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