FL > Fort Lauderdale > Progresso
Fort Lauderdale, FL 33304,1507 NE 5TH AVE
Fort Lauderdale, FL 33304,1507 NE 5TH AVE
Fort Lauderdale, FL 33304,1507 NE 5TH AVE
Fort Lauderdale, FL 33304,1507 NE 5TH AVE
Fort Lauderdale, FL 33304,1507 NE 5TH AVE
Fort Lauderdale, FL 33304,1507 NE 5TH AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
30
Nov
Mon
1
Dec
Tue
2
Dec
Norma Smith-Hill

Norma Smith-Hill

+1(561) 440-3932
$ 899,999
Est. payment | /mo

2,825 SqFt

Save Virtual Tour
$ 899,999
Est. payment | /mo
Save Virtual Tour

2,825 SqFt

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

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

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

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

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(561) 440-3932

palmbeach1properties@gmail.com

Learn More About LPT Realty

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Norma Smith-Hill, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Tour the Home

1507 NE 5TH AVE