Back to Listing

Residential Income

1507 5th

Fort Lauderdale, FL 33304

ML#:F10489456
List Price:$899,999
Status:Closed
Days on Market:265
Listing Brkr:E PRO Realty
Subdivision:PROGRESSO
Bedrooms:0
Baths:0
SqFt (Liv):2,825
Lot Size:0 sqft
Year Built:1967
Stories:1

General Information

Type Property:Residential Income
Style:Quadruplex
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33304
Subdivision:PROGRESSO
Latitude:26.146062
Longitude:-80.140020

Additional Features

Flooring:Ceramic Floor, Tile
Heating:Electric
Cooling:Electric
Construction:CBS Construction
Waterfront:No

Financial Information

Annual Taxes (2013):$3,480
Original Price:$949,998
Days on Market:265

Remarks

CASH FLOW FOR SALE! Just outside Wilton Manors Four-plex in East Fort Lauderdale. Professionally Managed property w/stable long-term tenants. This has been a cash cow for the owner for years. Separate Electric Meters for each Unit- Insurance, water/sewer/trash, Laundry Room Electric & RE taxes=$22,000. Unit #1 $1800/mo. Lease ends 11/14/26|Unit #2 $1700/mo. Lease ends 1/31/26|Unit #3 $1600/mo. Lease ends 2/30/26|Unit #4 $1700/mo. Lease ends 2/28/26- Coin-op laundry on Site brings in Approx.. $150/month, Property total monthly cash flow =$6,950.00 or $83,400 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.

Listing Agent

John A Kemper

E PRO Realty

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

Call NowWhatsApp