Basic Information
- MLS # F10486705
- Type Multi Family
- Status Active
- Year Built 1951
- Total Size 20,256 Sq.Ft / 0.47 Acre
- Date Listed 02/14/2025
- Days on Market 90
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.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Construction Type Block
- Parking Description Common, Guest
- Roof Description Composition, Shingle
- Style Multi Family
Interior Features
- Adjusted Sqft 0.47 AcreSq.Ft
- Cooling Description Central Air
- Floor Description Tile
- Heating Description Central
- Sqft 0.47 Acre Sq.Ft
Property Features
- Address 1124 NE 5th Ave
- Aprox. Lot Size 20,256
- City Fort Lauderdale
- Construction Materials Block
- County Broward
- Furnished Info no
- Levels One
- Listing Terms Cash
- Occupant Type Call Agent
- Parking Features Common, Guest
- Possession Closing And Funding
- Postal City Fort Lauderdale
- Public Survey Section One
- Public Survey Township 4942
- Roof Composition, Shingle
- Sewer Description Public Sewer
- Stories 1
- Subdivision Complex
- Subdivision Info
- Tax Amount $15,611
- Tax Legal desc P R O G R E S S O2-18 D L O T35 T O38 B L K145
- Tax Year 2024
- Terms Considered Cash
- Type of Property Multi Family
- Water Source Public
- Year Built Details Resale
1124 NE 5th Ave
Fort Lauderdale, FL 33304Similar Properties For Sale
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Realty. tel: (954) 527-5900
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