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1115 NW 5th Ave

Fort Lauderdale, FL 33311
  • $6,500,000
  • STATUS: Active
  • ON SITE: 145 Days
  • MLS #: A11068345
UPDATED: 69 min ago
$6,500,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,000
    SQFT
  • $3,250
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1966
County:
Area:

School Ratings & Info

Description

Rare opportunity to acquire 17 units in one easy deal from long term reputable seller. 2 units in Homestead(one SF/single family 6/2 & one townhome 3/2.Both built in 2003), 3 SF homes in Sistrunk,1 SF in Lauderdale Manors, 1 SF in Poinsettia Heights, 1 duplex & 9 SF homes in South Middle River. Single family homes have become increasingly scarce in supply due to the recent housing demand & are considered highly desirable assets. The properties have all been upgraded. But more can be done to increase values rent including adding several Granny Flats & turning some homes into duplexes. 12 of the properties are located in Opportunity Zones and can benefit from the Opportunity Zone tax incentives. *See supplemental remarks for property addresses. Please do not disturb the tenants*

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Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-12-01T15:53:46.7.
www.bestbrowardrealestate.com/homes/119124510
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1115 NW 5th Ave Fort Lauderdale, FL 33311

  • Price: $6,500,000
  • Status: Active
  • On Site: 145 Days
  • Updated: 69 min ago
  • MLS #: A11068345
0
Beds
0
Baths
0
½ Baths
0.05
Acres
2,000
SQFT
$3,250
$/SQFT
1966
Built
Neighborhood:
Progresso
County:
Broward
Area:
Progresso
Property Description
Rare opportunity to acquire 17 units in one easy deal from long term reputable seller. 2 units in Homestead(one SF/single family 6/2 & one townhome 3/2.Both built in 2003), 3 SF homes in Sistrunk,1 SF in Lauderdale Manors, 1 SF in Poinsettia Heights, 1 duplex & 9 SF homes in South Middle River. Single family homes have become increasingly scarce in supply due to the recent housing demand & are considered highly desirable assets. The properties have all been upgraded. But more can be done to increase values rent including adding several Granny Flats & turning some homes into duplexes. 12 of the properties are located in Opportunity Zones and can benefit from the Opportunity Zone tax incentives. *See supplemental remarks for property addresses. Please do not disturb the tenants*
Exterior Features

Architectural Style Attached Construction Materials Concrete Block Construction Lot Features Less Than 1/4 Acre Lot Parking Total 4 Pool Private YN No Roof Composition Roll View YN No Waterfront YN No

Interior Features

Adjusted Square Footage 2000 Building Area Total 2000 Cooling Central Air Flooring Ceramic Floor Heating None Stories Total 1

Property Features

Association YN No Building Name Progresso Cooling YN Yes Documents Available Copy Of Lease(S) Heating YN No Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN Yes Internet Entire Listing Display YN Yes Listing Terms All CashAssumableConventionalFhaOwner Will Carry New Construction YN No Property Condition New Construction Property Sub Type Duplex Public Survey Section 34 Rent Includes None Senior Community YN No Sewer Public Sewer Structure Type Duplex Tax Annual Amount 5224 Tax Year 2021 Year Built Details New Construction Zoning Duplex

Listing courtesy of Cesar Balbin R.E Broker.


Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-12-01T15:53:46.7.
 
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The Teri Arbogast Team at Keller Williams Partners SW
2000 NW 150th Ave Suite 1100
Pembroke Pines FL, 33028