REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,350,000
Est. payment /mo
Active
1124 NE 5th Ave #1-6 Fort Lauderdale, FL 33304
0.31 Acres Lot
UPDATED:
02/04/2025 01:31 PM
Key Details
Property Type Multi-Family, Commercial
Sub Type Income/Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID F10482300
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 13504
Year Built 1951
Annual Tax Amount $14,536
Tax Year 2023
Lot Size 0.310 Acres
Property Description
This income-producing property features six units, each with separate water and electric meters. Three units are recently renovated, and three are in need of updating. The detached three-bedroom unit, with its kitchen removed, offers a unique opportunity for customization to maximize rental potential- it also has new impact windows and doors being installed. A new roof was installed in 2020, and five of the six 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. The seller is also offering two additional duplexes for sale, with an option to purchase all together.
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning RMM-25
Interior
Heating Central Individual A/C
Cooling Central Individual A/C
Exterior
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Story 1.0000
Foundation Cbs Construction
Sewer Public Sanitation
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash
Listing Terms Cash
Listed by Coldwell Banker Realty