1507 NE 5th Ave, Fort Lauderdale, FL 33304

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1507 NE 5th Ave,Fort Lauderdale, FL 33304
$924,998
  • - Beds
  • - Baths
  • 2,825 sq. ft.
  • Multi-family
  • Active
Listed by:john kemper
Office:e pro realty
MLS#:F10489456
Source:

Price summary

  • Price:$924,998
  • Price per sq. ft.:$327.43

About this home

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!

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Home facts

  • Year built:1967
  • Listing Id #:F10489456
  • Added:167 day(s) ago
  • Updated:July 06, 2025 at 02:50 PM

Rooms and interior

  • Living area:2,825 sq. ft.

Heating and cooling

  • Cooling:Electric Cooling
  • Heating:Electric Heat

Structure and exterior

  • Roof:Composition Shingle Roof
  • Year built:1967
  • Building area:2,825 sq. ft.

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$924,998
  • Price per sq. ft.:$327.43
  • Tax amount:$3,480 (2013)