1106 5th Ave #1-5 ,Residential-multi-family for Sale

1106 5th Ave #1-5 for Sale

Price $1,424,999.00

• Lot size 10127
• Year Build 1980
• Waterfront
• Zip 33304
• Style
• Parking Description
• Pool Yes
• Status Active

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 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

PROGRESSO 2-18 D LOT 27,28,29 BLK 145

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

City:Fort Lauderdale,Zoning:RMM-25,List A O R:A-Miami Association of REALTORS,Latitude:26.1390891,List Price:1424999,Listing Id:A11685059,Longitude:-80.1392372,Mls Status:Active,Year Built:1980,Directions:USE GPS,Postal Code:33304,Street Name:5th Ave,Unit Number:1-5,Coordinates:1:26.1390891,Photos Count:8,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:3370,On Market Date:2024-10-30,Parcel Number:494234040910,Property Type:Commercial Sale,Street Number:1106,Public Remarks: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,County Or Parish:Broward County,List Office Name:United Realty Group Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4924,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NE,Tax Annual Amount:13674,Unparsed Address:1106 NE 5th Ave # 5, Fort Lauderdale FL 33304,Listing Agreement:Exclusive Right To Sell,Building Area Total:3754,Building Area Units:Square Feet,Lot Size Square Feet:10127,Original List Price:1425000,Public Survey Range:49,I D X Participation Y N:1,Syndication Remarks: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,Listing Contract Date:2024-10-30,Originating System I D:miamire,Public Survey Section:34,Street Number Numeric:1106,Tax Legal Description:PROGRESSO 2-18 D LOT 27,28,29 BLK 145,Public Survey Township:49,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:5 Legal Units at Lake Ridge, FL,Contract Status Change Date:2024-10-30,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,