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    1201 NE 5th Ave

    Fort Lauderdale, FL 33304
    • $780,000
    • STATUS: Active
    • ON SITE: 86 days
    • MLS #: F10260577
    UPDATED: 66 min ago
    $780,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,100
      SQFT
    • $371
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:
    Area:

    School Ratings & Info

    Description

    6% Cap Rate! Do not miss this fully permitted, conforming cash cow fourplex! Recent updates include new impact windows and doors; new granite, stainless steel and wood kitchens; new porcelain tile baths; new fixtures and vinyl plank flooring; new ductless central AC systems; new tankless water heaters, new landscaping including irrigation; and more! Always 100% leased to long-term tenants. Increase rent by expanding Unit 4 into the carport to transform the One Bed/One Bath into a Two Bed/Two Bath. Five meters, new electrical service and panels. On-site laundry, meter room and storage room. Sit back and collect rents from Day 1! Located in an Opportunity Zone! Perfect Airbnb candidate!

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    All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2021 BeachesMLS, Inc.
    IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2021-02-25T23:18:52.243.
    www.ewm.com/homes/112272475
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    1201 NE 5th Ave Fort Lauderdale, FL 33304

    • Price: $780,000
    • Status: Active
    • Updated: 66 min ago
    • MLS #: F10260577
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,100
    SQFT
    $371
    $/SQFT
    1955
    Built
    Neighborhood:
    Progresso 2-18 D
    County:
    Broward
    Area:
    3380
    Property Description
    6% Cap Rate! Do not miss this fully permitted, conforming cash cow fourplex! Recent updates include new impact windows and doors; new granite, stainless steel and wood kitchens; new porcelain tile baths; new fixtures and vinyl plank flooring; new ductless central AC systems; new tankless water heaters, new landscaping including irrigation; and more! Always 100% leased to long-term tenants. Increase rent by expanding Unit 4 into the carport to transform the One Bed/One Bath into a Two Bed/Two Bath. Five meters, new electrical service and panels. On-site laundry, meter room and storage room. Sit back and collect rents from Day 1! Located in an Opportunity Zone! Perfect Airbnb candidate!
    Exterior Features

    Construction Type Concrete Block Construction Exterior Features Exterior LightsFenceHigh Impact DoorsLaundry FacilityPatio Lot Description Less Than 1/4 Acre Lot Parking Spaces 5 Pool No Property Type Information Substantially Remodeled Roof Description Built-Up Roof Spa No Sprinkler Description Auto Sprinkler Style Fourplex Type Of Property Fourplex Waterfront Property YN No Windows Treatment Blinds/ShadesHigh Impact WindowsImpact Glass

    Interior Features

    Cooling Description Central Cooling Floor Description Vinyl Floors Heating Description Central Heat

    Property Features

    Association Type None Cable Available Yes Geographic Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700) Information Available Deposit - SecurityCopy Of Lease(S) Possession Information FundingSubject To Lease Rent Includes Cable TvLawn CarePest ControlSewerTrash RemovalWater REO No Sewer Description Municipal Sewer Short Sale No Special Information Flood Zone Subdivision Name Progresso 2-18 D Tax Amount 6898 Tax Information Tax Reflects No Homestead Tax Tax Year 2019 Terms Considered CashConventionalFha Total Units 4 Unit Count 4 Water Description Municipal Water Year Built Description Resale Zoning Information Rmm-25

    Listing provided courtesy of Coastal Props Realty Of S Fl. Listing information © 2021 BeachesMLS


    All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2021 BeachesMLS, Inc.
    IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2021-02-25T23:18:52.243.
     
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