FL > Fort Lauderdale > Progresso
Fort Lauderdale, FL 33304,1507 NE 5TH AVE
Fort Lauderdale, FL 33304,1507 NE 5TH AVE
Fort Lauderdale, FL 33304,1507 NE 5TH AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
20
Aug
Thu
21
Aug
Fri
22
Aug
Team Comerford

Team Comerford

+1(941) 586-3229
$924,998
Est. payment /mo
2,825 SqFt
Save Virtual Tour

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,825 sqft

Price per Sqft $327

Subdivision Progresso

MLS Listing ID F10489456

Style Fourplex

Construction Status Resale

Total Fin. Sqft 6749

Year Built 1967

Annual Tax Amount $3,480

Tax Year 2013

Property Sub-Type Fourplex

Property Description

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!

Location

State FL

County Broward County

Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)

Zoning 10 APART

Interior

Heating Electric Heat

Cooling Electric Cooling

Flooring Ceramic Floor, Tile Floors

Exterior

Roof Type Comp Shingle Roof

Building

Lot Description Less Than 1/4 Acre Lot

Story 1.0000

Foundation Cbs Construction

Sewer Municipal Sewer

Water Municipal Water

Construction Status Resale

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/1507-Ne-5Th-Ave-Fort-Lauderdale-FL-33304/unbranded

Read Less Info
BeachesMLS Matrix (RAPB-F prefix)
Listed by E PRO Realty
agent
Team Comerford

Team Leader | Broker Associate | License ID: BK3455404

+1(941) 586-3229 | team@thecomerfordgroupfl.com

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of The Comerford Group at eXp Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.
Quick search East 
More