Homes for sale - 1507 NE 5TH AVE, Fort Lauderdale, FL 33304

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Dean Franck

threeislandsspecialist@gmail.com +1(954) 408-1118

$924,998

Est. payment - /mo

2,825 SqFt

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,825 sqft

Price per Sqft $327

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

Property Description

CASH FLOW FOR SALE! Four-plex in East Fort Lauderdale (Blocks from Wilton Manors). Professionally Managed property w/stable long-term tenants. This has been a cash cow for the owner for years. Insurance, electric, water, sewer, trash & RE taxes total $22,000. Unit #1 $1700/mo. Lease ends 11/14/25 Unit #2 $1700/mo. Lease ends 1/31/26 Unit #3 $1400/mo. Lease ends 11/30/25 Unit #4 $1700/mo. Lease ends 2/28/26 There is Coin-op laundry on Site that brings in Approx.. $150/month, Property total monthly cash flow =$6,650, or $78,000 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 w/minimal management hassle!

Location

State FL

County Broward County

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

Zoning 10 APART

Interior

Heating Electric Heat

Cooling Electric Cooling

Flooring Ceramic Floor, Tile Floors

Exterior

Roof Type 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

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Listed by E PRO Realty

Learn More About LPT Realty

Dean Franck

+1(954) 408-1118

Agent | License ID: 3589540

Agent License ID: 3589540

1507 NE 5TH AVE Fort Lauderdale, FL 33304

Dean Franck

Key Details

Location

Interior

Exterior

Building

Others

Learn More About LPT Realty

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1507 NE 5TH AVE