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Map
$1,425,000
●
Property -
For Sale
1106 NE 5th Ave
Fort Lauderdale, FL 33304
Studio
0 Bath
3754 Sqft
$8,137
Estimated Monthly
0.11%
Cap Rate
About This Property
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.
Unit Size
3,754Ft²
Days on Market
43 days
Land Size
-
Price per sqft
$380
Property Type
Property
Property Taxes
$1,140
HOA Dues
-
Year Built
-
Listed By
Last updated: 2 months ago (Miami MLS #A11583953)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 8, 2024 | Listed by United Realty Group Inc | $1,425,000 | |
| Listed by United Realty Group Inc | |||
Property Highlights
Air Conditioning
Interior Details
Interior Information
Flooring Type: Other
Exterior Details
Property Information
Square Footage: 3754
Architectural Style: Other
Year Built: 1985
Building Information
Building Name: ¤PROGRESSO
Building Area Total: 3754
Building Area Units: Square Feet
Building Area Total: 3754
Construction Materials: CBS Construction
Roof Features: Other
Lot Information
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Financial Details
Tax Legal Description: PROGRESSO 2-18 D LOT 27, 28, 29 BLK 145
Tax Annual Amount: $13,674
Tax Year: 2023
Parcel Number: 494234040910
Property is Zoned: RMM-25
Utilities Details
Cooling Type: Central Air
Heating Type: Other
Sewer : Public Sewer
Location Details
No Home Owners Association
1106 NE 5th Ave
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Multifamily
Stu
-
2,726 ft²
$484/ft²
$1,320,000
Feb 7, 2024
$1,320,000
Apr 25, 2024
$1,059/mo
Multifamily
Stu
-
2,883 ft²
$382/ft²
$1,100,000
May 2, 2023
$1,100,000
Sep 15, 2023
$1,113/mo
Multifamily
Stu
-
2,200 ft²
$500/ft²
$1,100,000
Sep 6, 2023
$1,100,000
Dec 27, 2023
$1,238/mo
Multifamily
Stu
-
1,799 ft²
$528/ft²
$950,000
Mar 6, 2023
$950,000
Apr 5, 2024
$948/mo
Townhouse
4
Beds
4
Baths
3,181 ft²
$338/ft²
$1,075,000
Mar 8, 2024
$1,075,000
Apr 4, 2024
$864/mo
Townhouse
3
Beds
4
Baths
3,042 ft²
$491/ft²
$1,495,000
Jul 13, 2019
$1,495,000
Sep 1, 2023
$491/mo
Active
Other
Loft
-
4,485 ft²
$279/ft²
$1,250,000
Apr 15, 2024
-
$1,130/mo
Active
Other
Loft
-
2,521 ft²
$615/ft²
$1,550,000
Dec 18, 2023
-
$1,083/mo
Active
Multifamily
Stu
-
2,337 ft²
$569/ft²
$1,329,000
Apr 22, 2024
-
$1,157/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
08/10/2023
|
Loft
|
-
|
-
|
$1,399,000
Loft
-
|
-
-
|
-
|
Svetlana Abdrshina
Decorus Realty LLC
|
Building Info
1106 Northeast 5th Avenue
1106 Northeast 5th Avenue, Fort Lauderdale, FL 33304
- 1 Unit for Sale
About Central Fort Lauderdale
Similar Homes for Sale
Nearby Rentals
$1,395 /mo
- 1 Bed
- 1 Bath
- 588 ft²
$1,390 /mo
- Studio
- 1 Bath
- 400 ft²
Listed by: Svetlana Abdrshina
United Realty Group Inc
Last Updated: 2 months ago
Data Source: Miami MLS, MLS# A11583953
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.
United Realty Group Inc
Last Updated: 2 months ago
Data Source: Miami MLS, MLS# A11583953
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
