1507 NE 5th Ave

Fort Lauderdale, FL 33304
  • $924,998

    Price
  • 0

    Bed
  • Bath
  • 2,825

    SqFt

About the Listing 278523450 - 278004053,3063528

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!

Listing Highlights for 1507 NE 5th Ave

Status Active
Days on Site 193
Property Type Multi-Family
MLS ® F10489456
Year Built 1967
Total Square Footage 2,825
Lot/Acreage 6749
County Broward
Neighborhood Progresso
Area 3370

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Electric
  • Heating: Electric
  • Fireplaces:
  • Floor: Ceramic Tile,Tile
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: < 1/4 Acre
  • Garage Capacity: N/A
  • Parking Spaces: 5
  • Lot Dimensions: 6749
  • Zoning: 10 APART
  • Roof: Composition,Shingle
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $3,480
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 494234017930
  • Tax Year: 2013

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

1507 NE 5th Ave Fort Lauderdale, FL 33304

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: FTL

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way