Basic Information

  • MLS # A11685074
  • Type Quadruplex
  • Status Active
  • Subdivision/Complex Progresso
  • Year Built 1980
  • Total Sqft 3,754
  • Date Listed 10/30/2024
  • Days on Market 241
Description

If you're looking for a fantastic investment opportunity in a prime location, this property is for you! Presenting a well-maintained building with 5 legal units located in the sought-after Lake Ridge area of Fort Lauderdale. Rental Income:3 one-bedroom units rented at $1,800/m, 2 two-bedroom units rented at $2,400/m. All units currently leased on one-year leases. Recently replaced Roof in 2020. 40-Year Certification Passed and up-to-date. 6 electric meters and 1 water meter. Coin-operated washer and dryer. Each apartment has designated private parking. Perfectly situated just minutes away from Las Olas Blvd, Victoria Park, and Flagler Village. Proximity to numerous shopping, dining, and entertainment options, making it attractive to potential tenants.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Roof Description Other
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 3,754Sq.Ft
  • Cooling Description Central Air
  • Floor Description Other
  • Heating Description Other
  • Sqft 3,754 Sq.Ft

Property Features

  • Address 1106 NE 5th Ave
  • Aprox. Lot Size 3,754
  • Architectural Style Fourplex
  • City Fort Lauderdale
  • Construction Materials Block
  • County Broward
  • Furnished Info no
  • Levels One
  • Listing Terms Cash, Conventional, Other
  • Lot Features Less Than Quarter Acre
  • Occupant Type Call Agent
  • Pool Features None
  • Possession Close Of Escrow
  • Postal City Fort Lauderdale
  • Public Survey Section One
  • Roof Other
  • Sewer Description Public Sewer
  • Stories 1
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Progresso
  • Tax Amount $13,674
  • Tax Legal desc P R O G R E S S O2-18 D L O T27,28,29 B L K145
  • Tax Year 2023
  • Terms Considered Cash, Conventional, Other
  • Type of Property Quadruplex
  • Year Built Details Resale

1106 NE 5th Ave

Fort Lauderdale, FL 33304

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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: United Realty Group Inc. tel: 954-450-2000

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