$919,000
For Sale

520 SW 5th Avenue

Fort Lauderdale, FL 33315
1568 sqft | #FX-10479230
Browse 33 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

PRIME TURNKEY INCOME PRODUCING property to add to your portfolio, offering exceptional rental income & future development potential. Located in the desirable Tarpon River neighborhood, just steps from the New River, Las Olas & in the heart of Fort Lauderdale, this property features 2 beautifully remodeled units. Each unit offers 2 bedrooms, 1 bathroom, in-unit laundry, & separate electrical meters. Lower unit includes a private backyard with a hot tub, while the upper unit is fully furnished & actively generating income through Short Term Rentals. Oversized 145' x 50' lot (7,250 sq ft) with RD-15 zoning, this property is ideal for future redevelopment. Recent improvements completed include new roof, water heaters, electrical systems, HVAC systems. NO HOA. Financials provided upon request. Furniture included in upper floor. Amazing tenant in lower unit till May but would like to stay more years.

  • Property Details
      • Utility FeaturesCable Connected, Public Sewer, Public Water
      • SubdivisionFt Lauderdale B-40 D
      • Exterior FeaturesAuto Sprinkler
      • Exterior MaterialsAuto Sprinkler
      • Property TypeMulti-Family
      • RoofComposition
      • MLS #FX-10479230
      • MLS #FX-10479230
      • Lot Features< 1/4 Acre
      • Lot Description< 1/4 Acre
      • Original List Price$919,000
      • CoolingCentral
      • CountyBroward
      • Taxes Annual$14,892
      • Cost919000
      • Property SubtypeDuplex
      • ZoningRD-15
      • Square Feet1568
      • Year Built1935
      • Stories2

Location

Carolina Bustillos PA.Real Estate Group

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