1507 NE 5th Avenue, Fort Lauderdale, FL 33304
- $849,000
- 2,825
- SqFt
- Sold Price
- $849,000
- List Price
- $899,999
- Days on Market
- 265
- Closing Date
- Jan 05, 2026
- MLS#
- F10489456
- Sq. Ft
- 2,825
- Subtype
- Quadruplex
- County
- Broward
- Subdivision
- Progresso
- Year Built
- 1967
Property Description
CASH FLOW FOR SALE! Just outside Wilton Manors Four-plex in East Fort Lauderdale. Professionally Managed property w/stable long-term tenants. This has been a cash cow for the owner for years. Separate Electric Meters for each Unit- Insurance, water/sewer/trash, Laundry Room Electric & RE taxes=$22,000. Unit #1 $1800/mo. Lease ends 11/14/26|Unit #2 $1700/mo. Lease ends 1/31/26|Unit #3 $1600/mo. Lease ends 2/30/26|Unit #4 $1700/mo. Lease ends 2/28/26- Coin-op laundry on Site brings in Approx.. $150/month, Property total monthly cash flow =$6,950.00 or $83,400 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.
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Additional Information
- Construction
- Block
- Cooling
- Electric
- Flooring
- Ceramic Tile, Tile
- Heating
- Electric
- Roof
- Composition, Shingle
- Taxes
- $3,480
- Utilities
- Cable Available
- Stories
- 1
- Price Per Sqft
- $300
Mortgage Calculator
Listing courtesy of E PRO Realty. Contact:
Selling Office: Triangle Properties, Inc..
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: John A Kemper | Email: eprorealty@gmail.com