PROGRESSO
1106 NE 5th ave, Fort Lauderdale FL 33304
3,754 ft²
3,754
Sq. Ft.
1980
Year Built
1
Stories
294
Days on Market
Description
If you're looking for a fantastic investment opportunity in a prime location, this property is for you! Presenting a well-maintained building with 5 legal units located in the sought-after Lake Ridge area of Fort Lauderdale. Rental Income:3 one-bedroom units rented at $1,800/m, 2 two-bedroom units rented at $2,400/m. All units currently leased on one-year leases. Recently replaced Roof in 2020. 40-Year Certification Passed and up-to-date. 6 electric meters and 1 water meter. Coin-operated washer and dryer. Each apartment has designated private parking. Perfectly situated just minutes away from Las Olas Blvd, Victoria Park, and Flagler Village. Proximity to numerous shopping, dining, and entertainment options, making it attractive to potential tenants.
Facts
- MLS#
- A11685074
- Subdivision
- PROGRESSO
- Property Type
- Residential Income
- Property Sub Type
- Quadruplex
- Year Built
- 1980
- Lot Size
- 0 sqft
- Sq. Ft.
- 3,754 ft²
- Sq. Mt.
- 349 m²
- Price per sq. ft.
- $320/ft²
- Price per sq. mt.
- $3,438/m²
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 294 days
- Listed
- Oct 30, 2024
- Last Updated
- May 15, 2026
- Price/Lot Sq.Ft.
- —
Market insights for Fort Lauderdale
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
38
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 5/15/2026 | Price change | $1,199,999-15.8% |
| 10/30/2024 | Listed for sale | $1,425,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Brito Miami Private School1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.2 mi
- Mater Brickell Preparatory Academy
KG,1,2,3,4,5,6,7,8 · charter · 0.3 mi
- Mater Grove Academy
KG,1,2,3,4,5,6,7,8 · charter · 0.3 mi
- La Piazza Academy
PK,KG,1,2,3,4,5 · private · 0.3 mi
- Mickey & Minnie Day Care Center
PK,KG · private · 0.4 mi
- Coconut Grove Montessori School
PK,KG · private · 0.4 mi
- Coconut Grove Montessori School
KG,1 · private · 0.4 mi
- Aurora Academy
PK,KG · private · 0.5 mi
- Coconut Grove Montessori School
PK,KG · private · 0.5 mi
- The English Center
UG · public · 0.5 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$7,537/mo
Principal & Interest
$6,387
Property Tax
$1,000
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
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