Fort Lauderdale, FL 33304,1112 NE 5th Ave
Fort Lauderdale, FL 33304,1112 NE 5th Ave
Fort Lauderdale, FL 33304,1112 NE 5th Ave
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$799,000
Est. payment /mo
2,550 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,550 sqft

Price per Sqft $313

Subdivision Progresso

MLS Listing ID A11882390

HOA Y/N No

Year Built 1986

Annual Tax Amount $8,829

Tax Year 2024

Property Sub-Type Duplex

Property Description

Discover a rare opportunity to own a versatile duplex featuring two spacious units, each with four bedrooms and two bathrooms. Perfectly situated just minutes from Las Olas Boulevard, Fort Lauderdale-Hollywood International Airport, The Galleria, Port Everglades, and the historic Bonnet House, this property offers unmatched access to vibrant dining, shopping, and cultural attractions.

Currently operating as a thriving hostel with consistent short-term rental income, it's a turnkey investment. Alternatively, lease each unit as apartments for a projected annual yield of 6.7%. Ideal for both active and passive investors, this aggressively priced duplex delivers flexibility and strong returns in a prime Fort Lauderdale location. Act now to secure this high-potential asset!

Location

State FL

County Broward

Community Progresso

Area 3400

Interior

Heating None

Cooling Central Air

Flooring Ceramic Tile

Exterior

Pool None

Utilities Available Cable Not Available

Roof Type Shingle

Total Parking Spaces 4

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Others

Tax ID 494234040940

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11882390


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Brokers, LLC
Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States

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1112 NE 5th Ave