1520 Nw 3rd Ave, Fort Lauderdale, FL 33311

$590,000
4
BD
2
BA
2,248
SqFt

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Sold Price
$590,000
List Price
$615,000
Closing Date
Aug 24, 2026
MLS#
A11954145
Subdivision
Progresso
Status
CLOSED
Type
Single Family Residential
Bedrooms
4
Full baths
2
Living Area
2,248

Property 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.

Additional Information

Days on Market
171
View
Garden
Tax Amount
$9,689
Parcel Number
494234016450
#Garage Spaces
1
Bedroom Description
Entry Level, Primary Bedroom Ground Level
Front Exposure
West
Lot Size
6,752
Exterior Features
Lighting, Room For Pool
Parking Restrictions
Driveway, Guest, On Street
Pet Restrictions
Yes
Pets Allowed
Yes
Address
1520 Nw 3rd Ave, Fort Lauderdale
SqFt Liv Area
2,248
Year Built
1993
Design
Detached, One Story
Development Name
Progresso
Style
R30-No Pool/No Water, House
Middle School
Sunrise
Restrictions
No Restrictions, Ok To Lease
Construction Type
CBS Construction
Interior Features
First Floor Entry, Built-in Features, Cooking Island, Other
Section
34

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Calculator source: Real Geeks

Listing Courtesy of Compass Florida, LLC, Contact:

Selling Office: Compass Florida, LLC.