1507 NE 5th Ave

Fort Lauderdale, FL 33304
  • $899,999

    Price
  • 7

    Bed
  • 5

    Bath
  • 2,825

    SqFt

About the Listing 278523450 - 278004053,3063528

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.

Listing Highlights

Status Pending
Days on Site 287
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: 7
  • Bathrooms: 5 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

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1507 NE 5th Ave Fort Lauderdale, FL 33304

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Originating MLS: FTL

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