1124 Ne 5th Ave, Fort Lauderdale, FL

$1,750,000

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20,256

Square feet

0.47

Acres

About 1124 Ne 5th Ave

This income-producing property features eight units, each with separate water and electric meters. Five units are recently renovated, and three are in need of updating. The detached three-bedroom unit has a new kitchen and baths being installed for maximum rental potential- it also has new impact windows and doors being installed. A new roof was installed in 2020, and 7 of the 8 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. Sale includes two side by side parcels of land that total half an acre. First Parcel holds a six plex and second parcel holds a duplex.

Features of 1124 Ne 5th Ave

MLS® # F10486705
Price $1,750,000
Bathrooms 0.00
Square Footage 20,256
Acres 0.47
Year Built 1951
Type Commercial
Status Active-Available

Community Information

Address 1124 Ne 5th Ave
Area 3370
City Fort Lauderdale
County Broward County
State FL
Zip Code 33304-4964

Amenities

Parking Guest Parking, Common Parking
Is Waterfront No
Has Pool No

Interior

Heating Central Building A/C
Cooling Central Building A/C
Fireplace No
# of Stories 1
Stories 1

Exterior

Roof Comp Shingle Roof
Construction Concrete Block Construction

Additional Information

Zoning RMM-25
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Listing Map

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