1106 5th ave ,Other, Quadruplex, Progresso for Sale

1106 5th ave for Sale

Price $1,424,999.00

• Lot size 3754
• Year Build 1980
• Waterfront
• Zip 33304
• Style Other
• 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.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=

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

Less Than 1/4 Acre Lot

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,Stories:1,Tax Year:2023,Latitude:26.1390891,Cooling Y N:1,Heating Y N:1,List Price:1424999,Listing Id:A11685074,Longitude:-80.1392372,Mls Status:Active,Year Built:1980,Living Area:3754,Postal Code:33304,Street Name:5th ave,Coordinates:1:26.1390891,Photos Count:7,Building Name:PROGRESSO,Days On Market:19,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:3700,M L S Area Major:Progresso,On Market Date:2024-10-30,Parcel Number:494234040910,Parking Total:6,Property Type:Residential Income,Rent Includes:1:Trash Collection,2:Water,Stories Total:1,Street Number:1106,M I A M I R E_ Style:Fourplex,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.,Structure Type:1:Fourplex,County Or Parish:Broward County,List Office Name:United Realty Group Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:4924,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:PROGRESSO,Tax Annual Amount:13674,Unparsed Address:1106 NE 5th ave, Fort Lauderdale FL 33304,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:3754,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:379.5948,Original List Price:1425000,Previous List Price:1425000,Public Survey Range:49,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Number Of Units Total:5,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,Showing Instructions:Call Listing Agent,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_ Adjusted Area S F:3754,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,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:379.59,Internet Automated Valuation Display Y N:1,