Cash flow for sale four plex in east fort lauderdale blocks from wilton manors professionally managed property w stable long term tenants this has been a cash cow for the owner for years 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 there is coin op laundry on site that brings in approx 150 month property total monthly cash flow 6 650 or 78 000 per year please do not walk the property tenants are unaware for sale showings only available after an accepted offer this is a strong income producing asset in high demand rental market ideal for investors seeking steady returns w minimal management hassle
Listed by John Kemper
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License #615745
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E PRO Realty
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(954) 306-2829
Listed by Lee Goldman
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License #3063528
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E PRO Realty
Last updated May 13, 2025
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Source: BeachesMLS #FX-10489456
Listing Facts
TypeMulti-family
NeighborhoodMiddle River Terrace
Days on Prevu193
Taxes$3,480/year
Size2,825 sqft
Price per sqft$327
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
03/18/2025
Price Decreased
$924,998
02/27/2025
Listed by E PRO Realty
$949,998
Property Details for 1507 NE 5TH Ave
Association
Amenities
Community Features: Non Gated
Exterior
Construction
Number Of Units Total: 4
Property Condition: Resale
Roof: Composition, Shingle
Stories: 1
Year Built: 1967
Year Built Details: Resale
Architectural Style: Fourplex
Construction Materials: Block
Measurements
Lot Features: Less Than Quarter Acre
Lot Size Dimensions: 6,749
Financial
Taxes
Parcel Number: 494234017930
Tax Annual Amount: $3,480.00
Tax Year: 2013
Interior
Features
Flooring: Ceramic Tile, Tile
Measurements
Living Area: 2,825
Other
Location
Subdivision Name: PROGRESSO
Parking
Parking
Parking Total: 5
Utilities
Equipment
Cooling: Electric
Has Cooling: Yes
Heating: Electric
Has Heating: Yes
Sewer: PublicSewer
Utilities: Cable Available
Water Source: Public
Based on information from Beaches MLS 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.