1507 NE 5TH AVE, Fort Lauderdale, FL 33304
- $924,998
- 2,825
- SqFt
- List Price
- $924,998
- Price Change
- ▼ $25,000 1742327398
- Days on Market
- 194
- MLS#
- F10489456
- Sq. Ft
- 2,825
- Subtype
- Quadruplex
- County
- Broward
- Subdivision
- Progresso
- Year Built
- 1967
Property Description
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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Additional Information
- Construction
- Block
- Cooling
- Electric
- Flooring
- Ceramic Tile, Tile
- Heating
- Electric
- Roof
- Composition, Shingle
- Taxes
- $3,480
- Utilities
- Cable Available
- Amenities
- Non-Gated
- Stories
- 1
- Price Per Sqft
- $327
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Listing courtesy of E PRO Realty. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2025 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2025 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: John Kemper | Email: eprorealty@gmail.com