1507 Ne 5th Ave, Fort Lauderdale, FL

$924,998

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2,825

Square feet

About 1507 Ne 5th Ave

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!

Features of 1507 Ne 5th Ave

MLS® # F10489456
Price $924,998
Bathrooms 0.00
Square Footage 2,825
Acres 0.00
Year Built 1967
Type Residential Income
Sub-Type Fourplex
Style Attached
Status Active-Available

Community Information

Address 1507 Ne 5th Ave
Area 3370
Subdivision PROGRESSO
City Fort Lauderdale
County Broward County
State FL
Zip Code 33304-1059

Amenities

Parking Spaces 5
Is Waterfront No
Has Pool No

Interior

Heating Electric Heat
Cooling Electric Cooling
Fireplace No
# of Stories 1
Stories 1

Exterior

Lot Description Less Than 1/4 Acre Lot
Roof Comp Shingle Roof
Construction Cbs Construction

Additional Information

Zoning 10 APART
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeE PRO Realty

Listing Map

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