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1507 NE 5th Ave, Fort Lauderdale, FL 33304
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$899,999
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Home Details for 1507 NE 5th Ave
Price
$899,999
Type
Multi Family
Year Build
1967
Sq. Ft.
2825
County
Broward
Tax
$3,480
MLS®️ Listing#
F10489456
On exitrealty.com
270 days
Property Description
CASH FLOW FOR SALE just outside Wilton Manors! Four-plex in East Fort Lauderdale. 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 $1800/mo. Lease ends 11/14/26 Unit #2 $1700/mo. Lease ends 1/31/26 Unit #3 $1600/mo. Lease ends 2/30/26 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 =$6,950, or $83,400 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.
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Listing Courtesy: E PRO Realty - 954-306-2829
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
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$899,999
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EXIT REALTY DELRAY
1200 NW 17th Avenue Suite 4, Delray Beach, FL 33445