1520 NW 3rd Ave, Fort Lauderdale FL 33311, Fort Lauderdale
$615,000
Fort Lauderdale, FL, 33311
Property details
- Bedrooms
- 4
- Bathrooms
- 2
- Living area
- 2,248 sqft
- Year built
- 1993
- Type
- Single Family Residence
- Days on market
- 134
- MLS #
- A11954145
Listing courtesy of Compass Florida, LLC · 305-851-2820. Listing agent: Talita Pinheiro. MLS data last updated 2026-06-24.
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.
1520 NW 3rd Ave, Fort Lauderdale FL 33311, Fort Lauderdale — for sale, listed for $615,000 (4 bed, 2 bath, 2,248 sqft).
$274/sqft · 4% percentile · based on 394 4-bed listings for sale in fort lauderdale (median $631/sqft).
ZIP vs city price level
Active listings like this in ZIP 33311 show a median asking $321/sqft — 49.2% below the Fort Lauderdale median asking of $631/sqft.
n=68 · 2026-07-27 · Methodology
Run the numbers
Current market segment
Right now: 398 active 4-bed listings for sale in fort lauderdale, median asking price $1,650,000, median $631/sqft.
n=398 · 2026-07-27 · Methodology
Asking price vs the market
Compared with the other 394 4-bed listings for sale in fort lauderdale, this home asks $274/sqft — the group median is $631/sqft.
That places it below the market midpoint (4% percentile).
n=394 · 2026-07-27 · Methodology
Market trend (our weekly archive)
Our weekly snapshot archive tracks the median for 4-bed listings for sale in fort lauderdale: $625/sqft in 2026-W30 to $637/sqft in 2026-W31.
This history is computed from our own recorded market snapshots, not backfilled estimates.
n=393 · 2026-07-27 · Methodology
Local market report
Asking price vs segment median
$615,000 asks 62.7% below the $1,650,000 median across 398 4-bed listings for sale in Fort Lauderdale.
n=398 · 2026-07-27 · Methodology
New-listing flow (recorded)
4-bed listings for sale in fort lauderdale: 10 observed debuts, 2-week window with entry asking prices $519,000–$4,200,000.
n=10 · 2026-07-27 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-27 · Methodology
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