700 NW 3 AVE

• *Great Investment Opportunity, UPSIDE POTENTIAL!
• *Blocks to the Bright Line.
• *5 minutes to the beach.
• *Surrounded by an enormous number of projects gentrifying Andrews Avenue, and the Sistrunk District.
• *Progresso is located within the boundaries of the opportunity zone.
• *Progresso Village has seen a surge in new housing, mixed-use projects and commercial development making it one of the most desirable places to live.
• *Tax benefits that accompany Opportunity Zones (OZ) create a powerful incentive to allocate capital into economically distressed areas.

Property Description

Phenomenal Opportunity to own a 8 unit apartment building in the best location in Fort Lauderdale! The property includes 8 Two Bedroom/1 Bath apts, 13,500 square foot lot, plenty of parking, all units have ceramic tile floors, A/C units, shared laundry, 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 $195,000 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!!