Fort Lauderdale, FL 33304,1507 NE 5TH AVE
Fort Lauderdale, FL 33304,1507 NE 5TH AVE
Fort Lauderdale, FL 33304,1507 NE 5TH AVE
37
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$899,999
Est. payment /mo
2,825 SqFt
Pending

1507 NE 5TH AVE Fort Lauderdale, FL 33304

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,825 sqft

Price per Sqft $318

Subdivision Progresso

MLS Listing ID F10489456

Style Fourplex

Construction Status Resale

Total Fin. Sqft 6749

Year Built 1967

Annual Tax Amount $3,480

Tax Year 2013

Property Sub-Type Fourplex

Sub Type Fourplex

Property Description

CASH FLOW FOR SALE! Just outside Wilton Manors Four-plex in East Fort Lauderdale. Professionally Managed property w/stable long-term tenants. This has been a cash cow for the owner for years. Separate Electric Meters for each Unit- Insurance, water/sewer/trash, Laundry Room Electric & RE taxes=$22,000. Unit #1 $1800/mo. Lease ends 11/14/26|Unit #2 $1700/mo. Lease ends 1/31/26|Unit #3 $1600/mo. Lease ends 2/30/26|Unit #4 $1700/mo. Lease ends 2/28/26- Coin-op laundry on Site brings in Approx.. $150/month, Property total monthly cash flow =$6,950.00 or $83,400 per year. Please Do not walk the property–tenants are unaware for sale. *Showings ONLY available after an ACCEPTED OFFER* This is a strong income producing asset in high-demand rental market. Ideal for investors seeking steady returns.

Location

State FL

County Broward County

Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)

Zoning 10 APART

Zoning 10 APART

Interior

Heating Electric Heat

Cooling Electric Cooling

Flooring Ceramic Floor, Tile Floors

Exterior

Roof Type Comp Shingle Roof

Roof Comp Shingle Roof

Building

Lot Description Less Than 1/4 Acre Lot

Story 1.0000

Foundation Cbs Construction

Sewer Municipal Sewer

Water Municipal Water

Construction Status Resale

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/1507-Ne-5Th-Ave-Fort-Lauderdale-FL-33304/unbranded


BeachesMLS Matrix (RAPB-F prefix)
Listed by E PRO Realty

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Dylan Snyder

Dylan Snyder

Agent | SLSL698137

+1(561) 951-9301

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1507 NE 5TH AVE