1106 Northeast 5th Avenue

Fort Lauderdale, FL 33304

$1,425,000
Price
Beds
3,754 Sq. Ft.
$380 / Sq. Ft.
3,754
Sq. Ft.
$380
per Sq. Ft.

Description

If you're looking for a fantastic investment opportunity in a prime location, this property is for you! Presenting a well-maintained building with 5 legal units located in the sought-after Lake Ridge area of Fort Lauderdale. Rental Income:3 one-bedroom units rented at $1,800/m, 2 two-bedroom units rented at $2,400/m. All units currently leased on one-year leases. Recently replaced Roof in 2020. 40-Year Certification Passed and up-to-date. 6 electric meters and 1 water meter. Coin-operated washer...If you're looking for a fantastic investment opportunity in a prime location, this property is for you! Presenting a well-maintained building with 5 legal units located in the sought-after Lake Ridge area of Fort Lauderdale. Rental Income:3 one-bedroom units rented at $1,800/m, 2 two-bedroom units rented at $2,400/m. All units currently leased on one-year leases. Recently replaced Roof in 2020. 40-Year Certification Passed and up-to-date. 6 electric meters and 1 water meter. Coin-operated washer and dryer. Each apartment has designated private parking. Perfectly situated just minutes away from Las Olas Blvd, Victoria Park, and Flagler Village. Proximity to numerous shopping, dining, and entertainment options, making it attractive to potential tenants.
  1. Listed by Ilan Allen Ziv • United Realty Group Inc

Property Details for 1106 Northeast 5th Avenue

Subdivision
PROGRESSO
Style
Fourplex
Waterfront
No
Area
3700
Geographic Area
Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
Auction
No
Total Units
5
Num Stories
1
LISTING UPDATED: 10/30/2024 05:00 PM

Property Details for 1106 Northeast 5th Avenue

StatusActive
MLS #A11685074
Days on Market17
Taxes$13,674 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Fourplex
Year Built1980
Lot Size-
CountyBroward County

Building Information for 1106 Northeast 5th Avenue

Stories-Residences5Year Built1980Building Size-Lot Size-

Property Information for 1106 Northeast 5th Avenue

Location Information
Location Information
  • Parcel Number Free Text: 494234040910
  • Parcel Number MLX: 0910
  • MLS Area: 3700
  • Township Range: 49
  • Section: 34
  • Subdivision Number: 4
  • Subdivision Complex Bldg: PROGRESSO
  • Unit Count: 0
  • Zoning Information: RMM-25
General Information
Parking
  • Num Parking Spaces: 6
General Information
  • Property Type Information: Other
  • Lot Description: Less Than 1/4 Acre Lot
Additional Property Information
Utilities
  • Heating Description: Other
  • Cooling Description: Central Cooling
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Sewer, Trash Removal, Water
Financial Information
Financial Information
  • Total Mortgage: $825,000
  • Type of Association: None
  • Flood Zone: AE
  • Tax Year: 2023
  • Tax Information: Tax Reflects No Exemptions
  • Information Available: Copy Of Lease(S), Rent Rolls

Property History for 1106 Northeast 5th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1106 Northeast 5th Avenue

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
North Side Elementary School
PublicPK to 5

Sunrise Middle School
Public6 to 8

Fort Lauderdale High School
Public9 to 12

Sunrise High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1106 Northeast 5th Avenue is a multi-family home for sale in Fort Lauderdale, FL 33304. This property was listed for sale on October 30, 2024 by United Realty Group Inc, it's currently listed at $1,425,000. This listing's school district is Broward. Nearby schools include North Side Elementary School, Sunrise Middle School and Fort Lauderdale High School. 1106 Northeast 5th Avenue is a 0-bed, 0-bath, 3,754 sqft multi-family home built in 1980.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of United Realty Group Inc

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.