1. Florida
2. Fort Lauderdale
3. 1124 NE 5th Ave

1124 NE 5th Ave, Fort Lauderdale, FL 33304

Property Description

This income-producing property features eight units, each with separate water and electric meters. Five units are recently renovated, and three are in need of updating. The detached three-bedroom unit has a new kitchen and baths being installed for maximum rental potential- it also has new impact windows and doors being installed. A new roof was installed in 2020, and 7 of the 8 units are currently rented, providing steady income. Located within walking distance to Wilton Manors and Wilton Drive’s shops and restaurants, the property is also close to Las Olas, Flagler Village, and Victoria Park, making it highly desirable for tenants. Sale includes two side by side parcels of land that total half an acre. First Parcel holds a six plex and second parcel holds a duplex.

Listing Status:

Active

Date Added:

February 13, 2025 at 06:00AM

Listing Office:

Coldwell Banker Realty : (954) 527-5900

Listing Agent:

Corbin Mitchell : (954) 593-0181

MLS ID:

F10486705

Interior

• Flooring: Tile
• A/C: Central Air
• Heating: Central

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Corbin Mitchell, Coldwell Banker Realty