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About This Home

This 0-bedroom, 0-bathroom multi-family at 1106 NE 5th ave in Fort Lauderdale, FL is listed for $1,199,999 ($320 per sqft). Built in 1980, the home offers 3,754 sqft of living space on a N/A lot.

Agent 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.

Key Features

  • Built in 1980
  • 6 parking spaces

Property Details

6 spaces
1980

Monthly Cost Estimate

$6,418/mo

20% down · 6.5% · 30 years

Principal$868
Interest$5,200
Insurance$350

Estimates only. Actual payments may vary.

Location

1106 NE 5th ave

Fort Lauderdale, FL 33304

Progresso

Property Details

Flooring

Other

Construction

Block

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 1106 NE 5th ave is listed at $1,199,999 ($320/sqft). The estimated monthly payment is $5,200 based on 20% down at 6.5% interest.

Key features include: Built in 1980, 6 parking spaces.

This property is listed by Ilan Allen Ziv and can be reached at 3059008292 or workwithme305@gmail.com.

IZ

Ilan Allen Ziv

Agent at United Realty Group Inc

(305) 900-8292

Listed by United Realty Group Inc · View on Broker Site

MLS# A11685074· Source: listhub· Updated today

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1106 NE 5th ave, Fort Lauderdale, FL 33304

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