Homes for sale - 1124 NE 5th Ave, Fort Lauderdale, FL 33304

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Cameron Scott

RE/MAX Consultants Realty I

cameron@iloverealestate.us +1(954) 995-4711

$ 1,750,000

Est. payment | -/mo

0.47 Acres Lot

Save Virtual Tour

$ 1,750,000

Est. payment | -/mo

Save Virtual Tour

0.47 Acres Lot

Key Details

Property Type Multi-Family, Commercial

Sub Type Income/Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID F10486705

Construction Status Resale

Total Fin. Sqft 20256

Year Built 1951

Annual Tax Amount $15,611

Tax Year 2024

Lot Size 0.465 Acres

Property Sub-Type Income/Multi-Family

Property Description

This income-producing property features eight units, each with separate water and electric meters. Five units are recently renovated, and three are in need of updating. The detached three-bedroom unit has a new kitchen and baths being installed for maximum rental potential- it also has new impact windows and doors being installed. A new roof was installed in 2020, and 7 of the 8 units are currently rented, providing steady income. Located within walking distance to Wilton Manors and Wilton Drive's shops and restaurants, the property is also close to Las Olas, Flagler Village, and Victoria Park, making it highly desirable for tenants. Sale includes two side by side parcels of land that total half an acre. First Parcel holds a six plex and second parcel holds a duplex.

Location

State FL

County Broward County

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

Zoning RMM-25

Interior

Heating Central Building A/C

Cooling Central Building A/C

Flooring Tile Floors

Exterior

Roof Type Comp Shingle Roof

Building

Story 1.0000

Foundation Concrete Block Construction

Sewer Public Sanitation

Water Public Water

Construction Status Resale

Others

Security Features Security Lighting

Acceptable Financing Cash Only

Listing Terms Cash Only

Virtual Tour https://www.propertypanorama.com/1124-NE-5th-Ave-Fort-Lauderdale-FL-33304/unbranded

Listed by Coldwell Banker Realty

MORTGAGE CALCULATOR

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

+1(954) 995-4711

cameron@iloverealestate.us

1625 SE 17th St Causeway, Fort Lauderdale, FL, 33316

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1124 NE 5th Ave Fort Lauderdale, FL 33304