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1106 NE 5th Ave # 5, Fort Lauderdale FL 33304,Fort Lauderdale,Broward County,Commercial Sale

$1,399,999

Commercial Sale Active

1106 NE 5th Ave # 5, Fort Lauderdale FL 33304

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Commercial Sale Active

1106 NE 5th Ave # 5, Fort Lauderdale FL 33304,Fort Lauderdale,Broward County,Commercial Sale

1106 NE 5th Ave # 5, Fort Lauderdale FL 33304

$1,399,999

Overview

Income/MultiFamily
Property Type

1980
Year Built

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

Address

Open on Google Maps

Address 5th Ave
City Fort Lauderdale
State/county Broward County
Zip/Postal Code 33304

Details

Updated on February 26, 2025 at 3:20 am

Price: $1,399,999
Year Built: 1980
Property Type: Income/MultiFamily
Property Status: Commercial Sale

Additional details

StreetDirPrefix: NE
PublicSurveyRange: 49
ListAgentKey: e201af670299e85fc7f664eeff5417ac
TaxLegalDescription: PROGRESSO 2-18 D LOT 27,28,29 BLK 145
OnMarketDate: 2024-10-30
ListAgentEmail: [email protected]
ContractStatusChangeDate: 2024-10-30
MajorChangeTimestamp: 2025-02-26T00:50:03.957Z
PhotosCount: 8
StatusChangeTimestamp: 2024-10-30T16:08:04.730Z
PriceChangeTimestamp: 2025-02-26T00:50:03.957Z
ListingKeyNumeric: 402728607
MajorChangeType: Price Decrease
ListingContractDate: 2024-10-30
Zoning: RMM-25
ListAOR: A-Miami Association of REALTORS
TaxAnnualAmount: 13674
ListOfficeName: United Realty Group Inc
OriginatingSystemKey: miamire
BusinessType: Residential-Multi-Family
PhotosChangeTimestamp: 2024-10-30T16:15:56.384Z
OriginatingSystemName: Miami Association of REALTORS®
ListOfficePhone: 954-450-2000
MlsStatus: Active
StreetNumber: 1106
ListingKey: d6c5954468ac143c168e305c68a81e0e
StateOrProvince: FL
ListOfficeKey: 4374a93ac5c3b2430c0ac5160def3da6
Directions: USE GPS
BridgeModificationTimestamp: 2025-02-26T00:57:54.271Z
ListAgentFullName: Ilan Allen Ziv
ListAgentOfficePhone: 954-450-2000
ParcelNumber: 494234040910
ListingTerms: All Cash,Conventional/Refinance
OtherExpense: 0
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
ListAgentMlsId: 3601056
ModificationTimestamp: 2025-02-26T00:50:03.957Z
OriginatingSystemID: miamire
PreviousListPrice: 1424999
DaysOnMarket: 118
UnitNumber: 1-5
ListOfficeMlsId: UNGR02
ListAgentDirectPhone: 305-900-8292
StreetNumberNumeric: 1106
PostalCodePlus4: 4924
NumberOfUnitsInCommunity: 0
SyndicationRemarks: 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
ListAgentStateLicense: 3601056
PublicSurveyTownship: 49
StreetName: 5th Ave
ListOfficeFax: 954-670-1821
ListingAgreement: Exclusive Right To Sell
PublicSurveySection: 34
SpecialListingConditions: Sale
OriginalListPrice: 1425000
BuildingAreaUnits: Square Feet
InternetEntireListingDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
OriginalEntryTimestamp: 2024-10-30T16:08:04.730Z
SourceSystemKey: 402728607
LotSizeSquareFeet: 10127
InternetConsumerCommentYN: 1
BuildingAreaTotal: 3754