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Lake Ridge, Fort Lauderdale, FL Multi-Residential Homes for Sale

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Lake Ridge, Fort Lauderdale, FL Multi-Residential Homes for Sale

This triplex in Fort Lauderdale's Progresso subdivision offers a compelling investment opportunity. Excellent income-producing property legally configured as a duplex with massive value-add potential. The property features stable cash flow across three currently occupied spaces, with the immediate ability to capitalize on a pre-configured 4th unit. The property comprises 1,413 square feet of finished living space across a single-story layout, providing straightforward ownership and management. As a residential income property, it delivers multiple revenue streams from one strategically positioned asset. Located in the established Progresso community, this triplex presents a tangible path to building equity while generating consistent returns. Unit 1 (Efficiency): Generates $1,200/month in rental income. Unit 2 (1BR / 1BA): Generates $1,500/month in rental income. Unit 3 (2BR / 2BA): Generates $1,950/month in rental income.Value-Add Potential: The 2BR/2BA space is already physically split and closed off into two distinct sections, each featuring its own private exterior entry. It is currently being leased to a single family as a whole 2/2. However, a future investor can effortlessly lease them out separately to maximize yield:Side A: A complete 1BR/1BA setup with a full kitchen.Side B: A standalone 1BR/1BA efficiency setup. Electric: The 2BR/2BA unit has its own separate electric meter and those tenants pay their own electric bill directly. The other units share a combined electric meter paid for by the owner. Water: Master metered for the entire building and paid for by the owner. Water Bill approximately $165.00 a month for the building FPL for the efficiency and 1/1 are approximately $150 a month garbage included in the water bill

1044 NE 10th Avenue, Fort Lauderdale

Excellent income-producing opportunity! Detached duplex in Fort Lauderdale featuring a front unit (3 bed/3bath) currently leased at $2,700/month, and a rear unit (2 bed/2 bath) currently operating as a successful short-term Airbnb rental. The property is currently Configured as a triplex. Great cash flow potential with flexibility for owner-occupancy, long-term rental, or continued Airbnb income. Don't miss this versatile investment property!

1028 NE 10TH Avenue Unit 1-4, Fort Lauderdale

One-of-a-kind lakefront triplex in Lake Ridge offering nearly 3,500 SF under air with a highly versatile layout and exceptional income potential.The front residence features a spacious 2-bedroom, 2-bathroom layout with its own private patio. The rear portion of the property is currently configured as a full 3-bedroom, 3-bathroom residence, connected internally for seamless living. It can easily be reconfigured by closing off a doorway to create a 2-bedroom, 2-bathroom unit plus a separate studio apartment—ideal for maximizing rental income or accommodating extended living.What truly sets this property apart is that all five bedrooms feature en-suite bathrooms, offering a rare level of privacy and functionality across every unit.Perfect for a 1031 exchange buyer or investor, this property delivers strong income-producing potential, while also catering to an end user who may wish to live in one residence and rent out the others.Complete with a two-car garage, new pool heater, low-maintenance turf grass, and all impact windows and doors, the property also enjoys a rare lakefront setting just minutes from Las Olas, downtown Fort Lauderdale, and the beach.

1236 NE 18th Avenue, Fort Lauderdale

Premium resort-style 7 Bed 5 Bath Duplex. Two independent, all-new, energy-efficient houses. Annual G Rev $158K (see T12). Insurance $3K/yr. Investor dream. Perfectly located just 4 minutes from Central Beach, shopping malls, Las Olas. 2 blocks to Victoria Park. Architectural design, bright, spacious layouts. Quiet street. Both homes are popular, licensed 5-star Airbnbs.* House 1: 4 bed, 3 bath, 4 parking spaces, 2 decks, outdoor kitchen.* House 2: 3 bed, 2 bath, 2 parking spaces, patio, garden.Impact windows and doors. Hardwood floors. Quartzite countertops. Rainfall showers. Marble driveways, unique outdoor lighting design, flower trees, pergola, sculptures, magical feel day & night. Furniture negotiable.Survey ready to split the 2 houses into 2 folios.Do not disturb guests.

1232 NE 16th Terrace, Fort Lauderdale

B26028484 MLS ⋅ Lakeridge BLDG.

Investor's dream opportunity just 2 miles to Ft. Lauderdale Beach! NO HOA! Fully furnished & equipped triplex in East Ft. Lauderdale optimized for steady income stream (At listing price current cap rate ~6.5%). This stunning 4-bed/4-bath triplex (2/2,1/1,1/1) spans~3,044 sq ft & is zoned multi-family. Numerous possibilities...live-in, rent-out, AIRBNB, YOU choose! Offered AS-IS, FULLY-FURNISHED & equipped w/décor,linens, dinner/flatware,appliances, BBQ grills & more. Super clean property w/3 separate electric meters, 3 gorgeous, landscaped, private yards, separate front & rear entrances in each unit & dedicated off-street parking. Zoned RM-15 for future development option; primed for profit & ease of use.*Disclosure: Listing agent related to owner. Some AI generated re-design images Three separate units with additional flex-space/value-add large storage room in Unit #3 w/possibility of conversion into another bathroom, walk-in closet, or small gym (See floorplan). With fresh exterior paint, beautiful landscaping, brand-new attic insulation, and outdoor storage, this property is amazing and primed for profit and ease of ownership. Explore AIRBNB, VRBO, or short-term rental possibilities for enhanced return on investment. Some images are AI generated redesigns and profile simple changes in current decor.

1207 NE 12th Avenue, Fort Lauderdale

Rare opportunity to own a versatile multigenerational property in highly desirable Lake Ridge, just minutes from the beach and the exciting multi-billion-dollar Galleria redevelopment. This unique, legal duplex features a 2BR/2BA main residence plus a legal 1BR/1BA guest suite with a full kitchen. Ideal for multigenerational living, generating rental income, or easily converting into one spacious single-family home. Situated on an oversized corner lot with a pool, 1-car garage, impact windows and doors throughout, and a freshly painted exterior. Currently operating as a successful short-term rental, offering immediate income potential.

1145 NE 17th Way Unit 1-2, Fort Lauderdale

Located in highly desirable Lake Ridge on the east side of Fort Lauderdale, this owner-occupied property presents an exceptional opportunity for both investors and owner-occupants seeking income potential. Legally a duplex but currently operating as a triplex, the property offers a versatile layout featuring a 2-bedroom/2-bath unit, a 1-bedroom/1-bath unit, and a studio—ideal for house hacking or maximizing rental income. Major improvements have already been completed, including a roof just 4 years old and waste lines replaced only 2 years ago, significantly reducing future capital expenses. The property has been well maintained with numerous interior upgrades throughout and is equipped with top-quality appliances, creating a move-in ready environment for both owners and tenants. Perfectly positioned for convenience and lifestyle, the location places you just minutes from Downtown Fort Lauderdale, the beach, Galleria Mall, Wilton Drive, and only 15 minutes to the airport. Fully occupied and income-producing from day one—please do not disturb tenants.

1100 NE 15th Avenue Unit 1-2, Fort Lauderdale

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