1019 5th Ave #1-6,Free Standing, Income Non-Waterfront, Apartments

1019 5th Ave #1-6 (1-6), Fort Lauderdale, Florida, 33311

Price $750,000.00

  • Lot size 10122
  • Year Build 1968
  • Waterfront
  • Zip 33311
  • Style
  • Parking Description Assigned, Free Parking
  • Pool Yes
  • Status Pending

Description

Native Realty is proud to present this 6-unit multifamily property in east FTL's South Middle River neighborhood. The neighborhood is located east of Powerline Rd (NW 9th Ave), north of Sunrise Blvd., west of Andrews Avenue & south of the City of Wilton Manors. The property is professionally managed with 100% occupancy & strong cash flow. Investors could benefit from a value-add by bringing rents up to market rate ($1000/m to $1200/m) and future plans to rezone the neighborhood and surrounding area make it attractive exit strategy for developers. Tenants benefit from easy access to all major roadways, downtown FTL, Wilton Manors, the beaches, Port Everglades & FTL Int'l Airport. This area is the next major area of growth near downtown. Don't miss out! Can be sold with 1014 NW 5th Ave.

Property is 100% occupied, do not disturb tenants! Agent must accompany all showings, 24-hour notice is required - please request through ShowingTime. Property can be sold together with 1014 NW 5th Avenue (on the east side of the street). Offering memorandum with rent roll & expenses can be found in the attachments. With any other requests or questions, contact LA Sara - 305.906.2753.

PROGRESSO 2-18 D LOT 15,16,17 BLK 192

Central Business District, City Location, In Residential Area

Native Realty is proud to present this 6-unit multifamily property in east FTL's South Middle River neighborhood. The neighborhood is located east of Powerline Rd (NW 9th Ave), north of Sunrise Blvd., west of Andrews Avenue & south of the City of Wilton Manors. The property is professionally managed with 100% occupancy & strong cash flow. Investors could benefit from a value-add by bringing rents up to market rate ($1000/m to $1200/m) and future plans to rezone the neighborhood and surrounding area make it attractive exit strategy for developers. Tenants benefit from easy access to all major roadways, downtown FTL, Wilton Manors, the beaches, Port Everglades & FTL Int'l Airport. This area is the next major area of growth near downtown. Don't miss out! Can be sold with 1014 NW 5th Ave.

City:Fort Lauderdale,Zoning:RD-15,Heating:1:Wall/Window Units,List A O R:A-Miami Association of REALTORS,Tax Year:2019,Latitude:26.1373937,Malone Id:1002003414,Cooling Y N:1,Heating Y N:1,List Price:750000,Listing Id:A10997680,Longitude:-80.1493347,Mls Status:Pending,Ownership:Other Ownership,Year Built:1968,Directions:GPS: 1019 NW 5th Avenue Fort Lauderdale, Florida 33311.,Inclusions:Building & Land,Leases,License, Leases,License,Possession:1:Negotiable,Postal Code:33311,Street Name:5th Ave,Unit Number:1-6,Contingency:No Contingencies,Coordinates:1:26.1373937,Lot Features:1:City Location,2:In Residential Area,Photos Count:18,Building Name:MULTIFAMILY 6 UNITS,Days On Market:15,Listing Terms:1:Conventional/Refinance,2:Other Terms,Lot Size Acres:0.25,Lot Size Units:Square Feet,On Market Date:2021-02-10,Parcel Number:494234050480,Parking Total:8,Property Type:Commercial Sale,Stories Total:1,Street Number:1019,Off Market Date:2021-02-25,Public Remarks:Native Realty is proud to present this 6-unit multifamily property in east FTL's South Middle River neighborhood. The neighborhood is located east of Powerline Rd (NW 9th Ave), north of Sunrise Blvd., west of Andrews Avenue & south of the City of Wilton Manors. The property is professionally managed with 100% occupancy & strong cash flow. Investors could benefit from a value-add by bringing rents up to market rate ($1000/m to $1200/m) and future plans to rezone the neighborhood and surrounding area make it attractive exit strategy for developers. Tenants benefit from easy access to all major roadways, downtown FTL, Wilton Manors, the beaches, Port Everglades & FTL Int'l Airport. This area is the next major area of growth near downtown. Don't miss out! Can be sold with 1014 NW 5th Ave.,County Or Parish:Broward County,Expiration Date:2021-08-10,Frontage Length:75,Private Remarks:Property is 100% occupied, do not disturb tenants! Agent must accompany all showings, 24-hour notice is required - please request through ShowingTime. Property can be sold together with 1014 NW 5th Avenue (on the east side of the street). Offering memorandum with rent roll & expenses can be found in the attachments. With any other requests or questions, contact LA Sara - 305.906.2753.,Standard Status:Pending,Living Area Units:Square Feet,Major Change Type:Pending,Parking Features:1:Free Parking,Postal Code Plus4:6274,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:11670,Unparsed Address:1019 NW 5th Ave # 6, Fort Lauderdale FL 33311,Listing Agreement:Exclusive Right To Sell,Security Features:1:Smoke Detector(s),Year Built Details:New Construction,Building Area Total:3625,Building Area Units:Square Feet,Lot Size Square Feet:10122,Number Of Buildings:1,Original List Price:750000,Public Survey Range:49,Documents Available:1:Owner Managed,2:Rent Rolls,I D X Participation Y N:1,Syndication Remarks:Native Realty is proud to present this 6-unit multifamily property in east FTL's South Middle River neighborhood. The neighborhood is located east of Powerline Rd (NW 9th Ave), north of Sunrise Blvd., west of Andrews Avenue & south of the City of Wilton Manors. The property is professionally managed with 100% occupancy & strong cash flow. Investors could benefit from a value-add by bringing rents up to market rate ($1000/m to $1200/m) and future plans to rezone the neighborhood and surrounding area make it attractive exit strategy for developers. Tenants benefit from easy access to all major roadways, downtown FTL, Wilton Manors, the beaches, Port Everglades & FTL Int'l Airport. This area is the next major area of growth near downtown. Don't miss out! Can be sold with 1014 NW 5th Ave.,Listing Contract Date:2021-02-10,Originating System I D:miamire,Public Survey Section:34,Showing Instructions:24 Hour Notice,Showing Assist,Street Number Numeric:1019,Tax Legal Description:PROGRESSO 2-18 D LOT 15,16,17 BLK 192,Electric On Property Y N:1,Gross Scheduled Income:66600,Public Survey Township:49,Construction Materials:1:CBS Construction,2:Insulated,3:Sheet Rock,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:1.0%,Contract Status Change Date:2021-02-25,Distance To Freeway Numeric:2,Internet Address Display Y N:1,Number Of Units In Community:6,Transaction Broker Compensation:2.5%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,

  • Price $750,000.00
  • Price Change: 2021-02-10
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1968
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction Concrete Block Construction, CBS Construction, Insulated, Sheet Rock
  • Parking Description Assigned, Free Parking
  • Flooring Type Tile
  • Property Type Commercial Sale
  • Status Pending
  • Listed 2021-02-10
  • Days on Market 63
  • Furnished
  • City Fort Lauderdale
  • Zip 33311
  • State Florida
  • Subdivision
  • Development Name MULTIFAMILY 6 UNITS
  • HOA Fees
  • Taxes 11670
  • Taxes Year 2019