$1,750,000
1124 NE 5th Ave
Fort Lauderdale, FL, 33304
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Project 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.
Property Details
Price:
$1,750,000
MLS #:
F10486705
Status:
Active
Baths:
0
Type:
Commercial
Neighborhood:
3370
Listed Date:
Feb 13, 2025
Lot Size:
20,256 sqft / 0.47 acres (approx)
Year Built:
1951
Property Direction
- Address1124 NE 5th Ave Fort Lauderdale FL
- CityFort Lauderdale
- CountyBroward County
- Zip Code33304
Subdivisions in Fort Lauderdale
- ARGONNE HEIGHTS AMD PLACE 16-8 B
- CAPE FEAR 175-30 B
- CORAL HILLS 37-20 B
- FIRST ADD TO TUSKEGEE PARK
- FLA FRUIT LANDS CO SUB 1
- GARDEN VIEW APTS CONDO
- IMPERIAL POINT 2 SEC 54-19 B
- LAUDERDALE ISLES 2-BLK 12
- LAUDERDALE ISLES 2-BLK 7
- LAUDERDALE SHORES REAMEN
- LAUDERDALE VILLAS 29-37 B
- LINCOLN PARK
- M & I 135-4 B
- MARY-KNOLL 39-48 B
- NOVA HILLS CONDO 3
- OAKLAND OCEAN MILE
- PINE ISLAND COMM 167-50 B
- SANDS POINT CONDO II
- SOUTHPOINT CONDO
- SUNRISE
- TRENT CONDO D
- TWIN LAKES EAST 79-22 B
- VILLAGE EAST CONDO
- WOODLANDS SEC SIX 67-40 B
- YELLOWSTONE PARK AMD
Schools
Interior
Exterior
Financial
Taxes
$15,611
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Listing courtesy of Coldwell Banker Realty, (954)–527–5900
© 2025 Information deemed reliable but not guaranteed. Information is provided, in part, by Ft. Lauderdale MLS. This information being provided is for consumers personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025 Information deemed reliable but not guaranteed. Information is provided, in part, by Ft. Lauderdale MLS. This information being provided is for consumers personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
1124 NE 5th Ave
Fort Lauderdale, FL