$1,399,999
$25K PRICE DROP

1106 NE 5th Ave Fort Lauderdale, FL 33304

Middle River Terrace Neighborhood

Estimated payment $8,954/month

Total Views 2,275
-- Bed
-- Bath
3,754 Sq Ft
$373 Price per Sq Ft

Highlights

  • No HOA
  • Central Air
  • 1-Story Property
  • Fort Lauderdale High School Rated A
  • Heating Available

About This Home

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.

Listing Agent

Ilan Allen Ziv

United Realty Group Inc License #3601056

United Realty Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,674

Year Built

  • Built in 1980

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,754 Sq Ft Home
  • 1-Story Property

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • 5 Units
  • Progresso Condos
  • Progresso Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494234040910

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,674

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1980
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: PROGRESSO
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 3754
  • Stories: 1

Exterior Features

  • Roof: Other
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PROGRESSO
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494234040910
  • Zoning: RMM-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 13674

Multi Family

  • Number Of Units Total: 5

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Price Changed $1,399,999 -1.8% $373 / Sq Ft
11/18/2024 11/18/24 Price Changed $1,424,999 0.0% $380 / Sq Ft
10/30/2024 10/30/24 For Sale $1,425,000 -- $380 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11685074

MIAMI REALTORS® MLS

APN: 49-42-34-04-0910

Florida Broward County Fort Lauderdale 33304 Middle River Terrace

1106 NE 5th Ave, Fort Lauderdale, FL

Homes for Sale in Fort Lauderdale, FL

This home is located at 1106 NE 5th Ave, Fort Lauderdale, FL 33304 and is currently priced at $1,399,999, approximately $372 per square foot. This property was built in 1980. 1106 NE 5th Ave is a home located in Broward County with nearby schools including North Side Elementary School, Sunrise Middle School, and Fort Lauderdale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Agent
Ilan Allen Ziv
Section Image
United Realty Group Inc
(754) 254-1097