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$924,998

Est. payment - /mo

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2,825 SqFt

Price Dropped by $25K

1507 NE 5TH AVE Fort Lauderdale, FL 33304

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Autumn Hoffmann

autumnsellsparadise@gmail.com +1(239) 850-9070

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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

HOA Y/N No

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! This is an easily managed four-plex in East Fort Lauderdale (Blocks from Wilton Manors). Clean & well-maintained property. Stable, established long-term tenants. Coin-op laundry brings in APPROX. $150/month, for a total monthly cash flow of $$6,650, or $78,000 per year. This has been a cash cow for the owner for years, and now it can be yours. Not a short sale or foreclosure. (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

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

Water Access N

Roof Type Comp Shingle Roof

Private Pool No

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

Pets Allowed No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by E PRO Realty

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Autumn Hoffmann

Agent | License ID: SL3341539

+1(239) 850-9070

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1507 NE 5TH AVE Fort Lauderdale, FL 33304

Autumn Hoffmann

Key Details

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Interior

Exterior

Building

Others

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1507 NE 5TH AVE