About 1507 Ne 5th Ave
CASH FLOW FOR SALE! Four-plex in East Fort Lauderdale (Blocks from Wilton Manors). 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 $1700/mo. Lease ends 11/14/25 Unit #2 $1700/mo. Lease ends 1/31/26 Unit #3 $1400/mo. Lease ends 11/30/25 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 =$6,650, or $78,000 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 w/minimal management hassle!
Features of 1507 Ne 5th Ave
| MLS® # | F10489456 |
|---|---|
| USD | $924,998 |
| CAD | $1,298,373 |
| CNY | 元6,586,078 |
| EUR | €794,237 |
| GBP | £689,825 |
| RUB | ₽74,790,251 |
| Bathrooms | 0.00 |
| Living Square Footage | 2,825 |
| Acres | 0.00 |
| Year Built | 1967 |
| Type | Residential |
| Sub-Type | Fourplex |
| Style | Attached |
| Unit Floor | 0 |
| Status | Active-Available |
| Membership Equity | No |
Community Information
| Address | 1507 Ne 5th Ave |
|---|---|
| Area | 3370 |
| Subdivision | PROGRESSO |
| City | Fort Lauderdale |
| County | Broward |
| State | FL |
| Zip Code | 33304-1059 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| Pets Allowed | No |
Interior
| Heating | Electric Heat |
|---|---|
| Cooling | Electric Cooling |
| Fireplace | No |
| # of Stories | 1 |
| Stories | 1 |
Exterior
| Lot Description | < 1/4 Acre |
|---|---|
| Roof | Comp Shingle Roof |
| Construction | Cbs Construction |
Additional Information
| Days on Market | 234 |
|---|---|
| Zoning | 10 APART |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | E PRO Realty |
|---|---|
| Phone No. | (954) 306-2829 |