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.
Property Details
Price:
$1,199,999
MLS #:
A11685074
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
PROGRESSO
Neighborhood:
progresso
Listed Date:
Oct 30, 2024
Finished Sq Ft:
3,754
Total Sq Ft:
3,754
Year Built:
1980
Units:
5
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Other
Heating
Other
Exterior
Architectural Style
Other
Construction Materials
CBS Construction
Lot Features
Less Than 1/4 Acre Lot
Parking Spots
6
Parking Total
6
Roof
Other
Stories
1
Financial
Tax Year
2023
Taxes
$13,674
Map
Community
- Address1106 NE 5th ave Fort Lauderdale FL
- SubdivisionPROGRESSO
- CityFort Lauderdale
- CountyBroward County
- Zip Code33304
Subdivisions in Fort Lauderdale
- ARGONNE HEIGHTS AMD PLACE 16-8 B
- CORAL HILLS 37-20 B
- CORAL RIDGE ISLES
- FLA FRUIT LANDS CO SUB 1
- GARDEN VIEW APTS CONDO
- GOLDEN HEIGHTS HOMES 40-28 B
- IMPERIAL POINT 2 SEC 54-19 B
- LAUDERDALE ISLES 2-BLK 12
- LAUDERDALE ISLES 2-BLK 7
- LAUDERDALE VILLAS 29-37 B
- LINCOLN PARK
- M & I 135-4 B
- MARY-KNOLL 39-48 B
- MELROSE MANORS
- NORTH ANDREWS TERRACE FIRST ADD
- OAKLAND OCEAN MILE
- PINE ISLAND COMM 167-50 B
- PLAYA DEL MAR CONDO
- SANDS POINT CONDO II
- SOUTHPOINT CONDO
- SUNRISE
- TAMARAC GARDENS CONDO
- TRENT CONDO D
- TWIN LAKES EAST 79-22 B
- VILLA ALHAMBRA CONDO
- WOODLANDS SEC SIX 67-40 B
- YELLOWSTONE PARK AMD
Market Summary
Current real estate data for Multi Family in Fort Lauderdale as of May 20, 2026
85
Multi Family Listed
147
Avg DOM
482
Avg $ / SqFt
$1,201,684
Avg List Price
Property Summary
- Located in the PROGRESSO subdivision, 1106 NE 5th ave Fort Lauderdale FL is a Multi Family for sale in Fort Lauderdale, FL, 33304. It is listed for $1,199,999 To schedule a showing of MLS#a11685074 at 1106 NE 5th ave in Fort Lauderdale, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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