If you're looking for a fantastic investment opportunity in a prime location, this property is for you! Presenting a well-maintained building with 5 legal units located in the sought-after Lake Ridge area of Fort Lauderdale. Rental Income:3 one-bedroom units rented at $1,800/m, 2 two-bedroom units rented at $2,400/m. All units currently leased on one-year leases. Recently replaced Roof in 2020. 40-Year Certification Passed and up-to-date. 6 electric meters and 1 water meter. Coin-operated washer and dryer. Each apartment has designated private parking. Perfectly situated just minutes away from Las Olas Blvd, Victoria Park, and Flagler Village. Proximity to numerous shopping, dining, and entertainment options, making it attractive to potential tenants.
For sale
Price cut: $50K (5/27)
$1,349,999
1106 NE 5th Ave, Fort Lauderdale, FL 33304
--beds
--baths
3,754sqft
Est.:
Quadruplex
Built in 1980
-- sqft lot
$-- Zestimate®
$360/sqft
$-- HOA
What's special
- 291 days
- on Zillow |
- 66 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: May 27, 2025 at 09:57am
Listed by:
Ilan Allen Ziv 305-900-8292,
United Realty Group Inc
Source: MIAMI,MLS#: A11685074
Originating MLS: A-Miami Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Other
Cooling
- Central Air
Features
- Flooring: Other
Interior area
- Total structure area: 3,754
- Total interior livable area: 3,754 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 494234040910
- Zoning: RMM-25
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Quadruplex
Materials
- CBS Construction
- Roof: Other
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Progresso
HOA
- Has HOA: No
Location
- Region: Fort Lauderdale
Financial & listing details
- Price per square foot: $360/sqft
- Annual tax amount: $13,674
- Date on market: 10/30/2024
- Listing terms: All Cash,Conventional
- Loading
- Loading