1106 NE 5th Ave
Fort Lauderdale, FL 33304
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
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: Other -
Heating & Cooling
Heating: Other Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1980Building Area Total: 3754Construction Materials: BlockStories: 1Pool Features: NonePrivate Pool: No
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Lot Information
Lot Description: LessThanQuarterAcreProperty Information
Subdivision: PROGRESSO Source Property Type: ResidentialIncome MLS Area Minor: Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700) Postal Code Plus 4: 4924 Zoning Description: RMM-25 Property SubType: Quadruplex Levels: One Property Age: 46
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Listing Price Information
Listing Price: $1199999Original Price: $1425000Cash, Conventional, Other
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Tax Information
Parcel Number: 494234040910 Tax Year: 2023 Annual Tax: $13674 Tax Legal Desc: PROGRESSO 2-18 D LOT 27,28,29 BLK 145
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Parking Information
Parking Total: 6
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Utility Information
CableAvailable -
Location Information
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1109 NE 16th Ter, Fort Lauderdale, FL, 33304 | $1,355,000 | 5 | 5 | 2,276 | 2,276 SqFt |
| 812 NE 15 Avenue, Fort Lauderdale, FL, 33304 | $999,900 | 5 | 4 | 2,547 | 2,547 SqFt |
| 425 NE 8th St, Fort Lauderdale, FL, 33304 | $4,000,000 | 2 | 2 | 2,903 | 2,903 SqFt |
| 1501 NE 7th Avenue, Fort Lauderdale, FL, 33304 | $1,620,000 | 5 | 5 | 794 | 794 SqFt |
| 630 NE 15th Ct, Fort Lauderdale, FL, 33304 | $530,000 | 2 | 2 | 1,306 | 1,306 SqFt |
| 1100 NE 15th Avenue #1-2, Fort Lauderdale, FL, 33304 | $825,000 | 3 | 4 | 1,836 | 1,836 SqFt |
| 1043 N Victoria Park Ro.., Fort Lauderdale, FL, 33304 | $939,000 | 3 | 5 | 1,498 | 1,498 SqFt |
| 500 E Sunrise Boulevard, Fort Lauderdale, FL, 33304 | $3,500,000 | -- | 6 | 4,835 | 4,835 SqFt |
| 707 NE 15th Street, Fort Lauderdale, FL, 33304 | $1,150,000 | 4 | 5 | 2,500 | 2,500 SqFt |
| 1508 NE 6th Street #A B, Fort Lauderdale, FL, 33304 | $1,199,000 | 4 | 2 | 1,609 | 1,609 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/15/2026 @ 13:10
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