Active

1106 NE 5th Ave # 5 Unit: 1-5

Fort Lauderdale FL, 33304

$1,399,999


$372.94 per sqft

Active

3,754 sqft

Commercial

Built in 1980

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

A11685059

MLS ID

October 30, 2024

Listed

March 11, 2025

Updated

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.23 Acres

Other Property Details

Taxes

$13,674


Tax Frequency

Annually


Days on Market

118


Garage

No


View

No


County

Broward County


Zoning

RMM-25

Listing History

Date

Event

Price

2/26/2025

Price change

$1,399,999

-2%

11/18/2024

Price change

$1,424,999

-1%

Listed by:  United Realty Group Inc
Listing Contact: 305-900-8292 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

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Data last updated 11:14 PM UTC, 3/11/2025.

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