BuySellBlogBrowse Listings

1507 NE 5TH AveFort Lauderdale, FL 33304

For Sale

$924,998

Smart Buyer Rebate $9,250

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

·

License #615745

·

E PRO Realty

·

(954) 306-2829

Listed by Lee Goldman

·

License #3063528

·

E PRO Realty

Last updated May 13, 2025

·

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.

Full MLS Disclaimers

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.