| 1106 NE 5th Ave Fort Lauderdale, FL 33304 |
| Listed Date YYYY/MM/DD:2023-07-31 | ID: 1011425866 |
| Price: $1,399,000 | County: Broward County |
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| Area: 3370 | Square Footage: |
| Property Tax: $11,902.00 |
| Sewer Description: Municipal Sewer | Zoning Information:RMM-25 |
| Folio Number: 494234040910 |
| Number of Units: | Year Built: 1980 |
| Number of Parking Spaces:7 |
| Lot Description: Less Than 1/4 Acre Lot |
| Year Built Description: Resale | Gross Rent Income: $ |
| Net Operating Income: $ | Number of Stories: 1.0000 |
| Tax Year: 2022 | Tax Information:Tax Reflects No Exemptions |
| Legal Description: 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. and $2080/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. |