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- $925k Price
- 2,825 Sqft
1507 Ne 5th Ave
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!
Essential Information
- MLS® #F10489456
- Price$924,998
- Bathrooms0.00
- Square Footage2,825
- Year Built1967
- TypeResidential Income
- Sub-TypeFourplex
- StyleAttached
- StatusActive-Available
Community Information
- Address1507 Ne 5th Ave
- Area3370
- SubdivisionPROGRESSO
- CityFort Lauderdale
- CountyBroward County
- StateFL
- Zip Code33304-1059
Amenities
- Parking Spaces5
Interior
- HeatingElectric Heat
- CoolingElectric Cooling
- # of Stories1
- Stories1
Exterior
- Lot DescriptionLess Than 1/4 Acre Lot
- RoofComp Shingle Roof
- ConstructionCbs Construction
Additional Information
- Listing Courtesy ofE PRO Realty
- Zoning10 APART
Price Change History for 1507 Ne 5th Ave, Fort Lauderdale, FL (MLS® #F10489456)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $949,998 to $924,998 |
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