$924,998
1507 NE 5TH AVE
Fort Lauderdale, FL, 33304
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Project 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!
Property Details
Price:
$924,998
MLS #:
F10489456
Status:
Active
Baths:
0
Type:
Residential Income
Subdivision:
PROGRESSO
Neighborhood:
3370
Listed Date:
Feb 27, 2025
Finished Sq Ft:
2,825
Year Built:
1967
Property Direction
- Address1507 NE 5TH AVE Fort Lauderdale FL
- BuildingPROGRESSO
- SubdivisionPROGRESSO
- 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
$3,480
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Listing courtesy of E PRO Realty, (954)–306–2829
© 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.
1507 NE 5TH AVE
Fort Lauderdale, FL