Remodeled 5 unit building in Middle River. Located in between booming Downtown Fort Lauderdale/FAT Village and Wilton Manors, makes this property ideal for the long term investor. Enjoy a property that is already performing, and renovated, all you have to do is enjoy the great cashflow coming in on this property today.
All units are remodeled with Laminate wood floors, new cabinets, new granite counters, new appliances (Fridge, stove and dishwasher) renovated bathrooms include new tile, new vanities, new toilets etc. All units have private backyards as well.
Seller would be willing upon executed contract to show bank deposits to verify rent collections.
Private showings can be set up with agreed terms in place before going into contract.
- Broker Remarks: Send AS is contract with POF for down payment, if cash please show POF for purchase.
View on map / Neighborhood
- County: Broward County
- Directions: USE GPS
- Geographic Area: Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
- ADOM: 1
- Original List Price: 750000
- Section: 34
- Unit Count: 2
- Legal Description: PROGRESSO 2-18 D LOT 17 BLK 87
- # Units: 5
- # Stories: 1
- # Tenants: 5
- # Toilets: 5
- Parcel #: 494234027490
- Parcel # MLX: 7490
- Terms Considered: Assumption,Cash,Conventional/Refinance
- Virtual Tour: https://www.propertypanorama.com/1316-NE-5th-Ave-Fort-Lauderdale-FL-33304/unbranded
- Parking Description: Assigned Parking
Fees and Taxes
- Tax Amount: 6621
- Tax Year: 2019
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