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
| Office | Coldwell Banker Realty |
|---|