Fantastic corner lot, in a Certified Opportunity Zone, in the Progresso Village neighborhood of Fort Lauderdale, with a pending DRC approval for a modern, 7-unit apartment building with parking. (4) 3-bedroom units, (1) 2-bedroom units, and (2) 1-bedroom units with 14 parking space lot. Plans available to share - please inquire. Architectural plans, landscape plans, and civil plans are completed and included in the sale. Owner is a licensed GC and is willing to build this for an investor after the sale. DRC Approval anticipated within 60 days. Buyer to be responsible for final building permits. AirBnB/Short Term may be a great play for these units as well to maximize income. Located off of Sunrise Blvd, near a new Wawa, Flagler Village, Las Olas, and downtown Fort Lauderdale.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,553
Per Month
Principal & Interest
$5,486
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,361
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
North Side Elementary School
120 NE 11th St
Distance between this listing and this school0.33 miles
Public District Grades PK-5
5
/10
Thurgood Marshall Elementary School
800 NW 13th St
Distance between this listing and this school0.53 miles
Public Magnet Grades PK-5
5
/10
Sunland Park Academy
919 NW 13th Ter
Distance between this listing and this school0.78 miles
Public District Grades PK-3
Nearby Schools
4
/10
Sunrise Middle School
1750 NE 14th St
Distance between this listing and this school1.60 miles
Public Magnet Grades 6-8
7
/10
Somerset Academy Village Charter Middle School
225 NW 29th St
Distance between this listing and this school1.94 miles
Public Charter Grades 6-8
3
/10
William Dandy Middle School
2400 NW 26th St
Distance between this listing and this school2.29 miles
Public Magnet Grades 6-8
Nearby Schools
1
/10
Sunrise High School
424 W Sunrise Blvd
Distance between this listing and this school0.12 miles
Public Charter Grades 9-12
7
/10
Fort Lauderdale High School
1600 NE 4th Ave
Distance between this listing and this school1.07 miles
Public Magnet Grades 9-12
2
/10
Pace Center for Girls Inc.
2225 N Andrews Ave
Distance between this listing and this school1.48 miles
The neighbors living near this home have an average income of $15,814. The most common annual income of people living in Fort Lauderdale, FL is less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 901 NW 3rd Ave
What is the listing price of this property?
The listing price of 901 NW 3rd Ave property is $1,099,000.
What type of property is this?
The property 901 NW 3rd Ave is land located in Fort Lauderdale, Florida, 33311.
Is this property for sale now?
Active Listing: 901 NW 3rd Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,032 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 901 NW 3rd Ave in Fort Lauderdale, FL and zip code 33311 in the Progresso Village neighborhood. This home sits on a 0.31 acre lot. It has been listed on Rocket Homes since July 31, 2024 and is currently priced at $1,099,000.
Over 12 listings were sold over their listed price in October 2024 in Fort Lauderdale, FL. In the same period over 72 listings were sold below the listed price and 9 listings were sold for the listed price. Between September 2024 and October 2024, Fort Lauderdale, FL real estate market has seen increase in the number of listings by 13.2%. Listings spent 75 days on the market in October 2024, and had a median list price of $484,475 during the same period.
From Rocket Homes Real Estate and based on county public records data.