Fort Lauderdale, FL 33304,1507 NE 5TH AVE
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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

$849,000

Est. payment /mo

$899,999

5.7%
Est.Price: ?

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1507 NE 5TH AVE Fort Lauderdale, FL 33304

2,825 SqFt

SOLD DATE : 01/05/2026

Key Details

Sold Price $849,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,825 sqft

Price per Sqft $300

Subdivision Progresso

MLS Listing ID F10489456

Sold Date 01/05/26

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

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BeachesMLS Matrix (RAPB-F prefix)
Listed by E PRO Realty
Bought with Triangle Properties, Inc.
Herman Weiss

Herman Weiss

Agent | License ID: 3487390

+1(561) 779-4660

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