PRIME TURNKEY INCOME PRODUCING property to add to your portfolio, offering exceptional rental income & future development potential. Located in the desirable Tarpon River neighborhood, just steps from the New River, Las Olas & in the heart of Fort Lauderdale, this property features 2 beautifully remodeled units. Each unit offers 2 bedrooms, 1 bathroom, in-unit laundry, & separate electrical meters. Lower unit includes a private backyard with a hot tub, while the upper unit is fully furnished & actively generating income through Short Term Rentals. Oversized 145' x 50' lot (7,250 sq ft) with RD-15 zoning, this property is ideal for future redevelopment. Recent improvements completed include new roof, water heaters, electrical systems, HVAC systems. NO HOA. Financials provided upon request. Furniture included in upper floor. Amazing tenant in lower unit till May but would like to stay more years.
Accepting backups
$898,900
520 SW 5th Ave, Fort Lauderdale, FL 33315
4beds
2baths
1,568sqft
Est.:
Duplex
Built in 1935
-- sqft lot
$854,200 Zestimate®
$573/sqft
$-- HOA
What's special
New roofIn-unit laundrySeparate electrical metersBeautifully remodeled units
- 218 days
- on Zillow |
- 383 |
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