Discover a rare opportunity to own a versatile duplex featuring two spacious units, each with four bedrooms and two bathrooms. Perfectly situated just minutes from Las Olas Boulevard, Fort Lauderdale-Hollywood International Airport, The Galleria, Port Everglades, and the historic Bonnet House, this property offers unmatched access to vibrant dining, shopping, and cultural attractions.
Currently operating as a thriving hostel with consistent short-term rental income, it’s a turnkey investment. Alternatively, lease each unit as apartments for a projected annual yield of 6.7%. Ideal for both active and passive investors, this aggressively priced duplex delivers flexibility and strong returns in a prime Fort Lauderdale location. Act now to secure this high-potential asset!
Listed by Mario Frech
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License #3356151
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Brokers, LLC
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305-608-5190
Last updated September 22, 2025
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Source: MIAMIRE #A11882390
Listing Facts
TypeMulti-family
NeighborhoodMiddle River Terrace
Days on Prevu30
Taxes$8,829/year
Size2,550 sqft
Price per sqft$313
Amenities
Pets Allowed
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
09/22/2025
Price Decreased
$799,000
09/22/2025
Listed by Brokers, LLC
$799,999
Property Details for 1112 NE 5th Ave
Association
General
Number Of Units In Community: 1
Exterior
Construction
Roof: Shingle
Stories: 1
Stories Total: 1
Structure Type: Duplex
Year Built: 1986
Year Built Details: Effective Year Built
Architectural Style: Attached
Building Name: PROGRESSO
Construction Materials: CBS Construction
Measurements
Building Area Total: 2,550
Building Area Units: Square Feet
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 494234040940
Tax Annual Amount: $8,829.00
Tax Year: 2024
Interior
Features
Flooring: Ceramic Floor
Measurements
Living Area: 2,550
Living Area Units: Square Feet
Other
Location
Subdivision Name: PROGRESSO
Parking
Parking
Parking Total: 4
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Sewer: Public Sewer
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.