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1106 NE 5th ave, Fort Lauderdale FL 33304,Fort Lauderdale,Broward County,Residential Income

$1,399,999

Residential Income Active

1106 NE 5th ave, Fort Lauderdale FL 33304

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Residential Income Active

1106 NE 5th ave, Fort Lauderdale FL 33304,Fort Lauderdale,Broward County,Residential Income

1106 NE 5th ave, Fort Lauderdale FL 33304

$1,399,999

Overview

Quadruplex
Property Type

3754
Square Feet

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
Area PROGRESSO

Details

Updated on February 26, 2025 at 3:20 am

Property ID: A11685074
Price: $1,399,999
Property Size: 3754 Square Feet
Year Built: 1980
Property Type: Quadruplex
Property Status: Residential Income

Additional details

StreetDirPrefix: NE
PublicSurveyRange: 49
ShowingInstructions: Call Listing Agent
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: 2025-02-26T00:40:30.070Z
Flooring: Other
PhotosCount: 7
Cooling: Central Air
StatusChangeTimestamp: 2024-10-30T16:16:59.670Z
MIAMIRE_TypeofAssociation: None
BuildingName: PROGRESSO
MIAMIRE_AdjustedAreaSF: 3754
PriceChangeTimestamp: 2025-02-26T00:40:30.070Z
ListingKeyNumeric: 402729411
MajorChangeType: Price Decrease
ListingContractDate: 2024-10-30
Zoning: RMM-25
ListAOR: A-Miami Association of REALTORS
MLSAreaMajor: Progresso
TaxAnnualAmount: 13674
ListOfficeName: United Realty Group Inc
MIAMIRE_RATIO_CurrentPrice_By_SQFT: 372.94
OriginatingSystemKey: miamire
PhotosChangeTimestamp: 2024-10-30T16:21:24.611Z
OriginatingSystemName: Miami Association of REALTORS®
ListOfficePhone: 954-450-2000
MlsStatus: Active
StreetNumber: 1106
ListingKey: 337bd6eabfe504ce84dbe0942a7f8786
StateOrProvince: FL
ShowingContactType: Agent
ListOfficeKey: 4374a93ac5c3b2430c0ac5160def3da6
BridgeModificationTimestamp: 2025-02-26T00:44:54.891Z
ListAgentFullName: Ilan Allen Ziv
Roof: Other
ParkingTotal: 6
ListAgentOfficePhone: 954-450-2000
Stories: 1
ParcelNumber: 494234040910
ListingTerms: All Cash,Conventional
YearBuiltDetails: Resale
OtherExpense: 0
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
ListAgentMlsId: 3601056
StoriesTotal: 1
ModificationTimestamp: 2025-02-26T00:40:30.070Z
OriginatingSystemID: miamire
PreviousListPrice: 1424999
DaysOnMarket: 118
ListOfficeMlsId: UNGR02
ListAgentDirectPhone: 305-900-8292
StreetNumberNumeric: 1106
PostalCodePlus4: 4924
NumberOfUnitsInCommunity: 0
Sewer: Public Sewer
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.
Heating: Other
MIAMIRE_LPAmtSqFt: 372.9353
StructureType: Quadruplex,Fourplex
ListAgentStateLicense: 3601056
PublicSurveyTownship: 49
StreetName: 5th ave
ListOfficeFax: 954-670-1821
ListingAgreement: Exclusive Right To Sell
PublicSurveySection: 34
OriginalListPrice: 1425000
BuildingAreaUnits: Square Feet
RentIncludes: Sewer,Trash Collection,Water
InternetEntireListingDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
TaxYear: 2023
OriginalEntryTimestamp: 2024-10-30T16:16:59.670Z
SourceSystemKey: 402729411
LotFeatures: Less Than 1/4 Acre Lot
DocumentsAvailable: Copy Of Lease(S),Rent Rolls
ConstructionMaterials: CBS Construction
MIAMIRE_Style: Fourplex
NumberOfUnitsTotal: 5
LotSizeSquareFeet: 0
ArchitecturalStyle: Other
InternetConsumerCommentYN: 1
BuildingAreaTotal: 3754