520 SW 5th Avenue
Fort Lauderdale, FL 33315
1568 sqft | #FX-10479230
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
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Maria Isabel Sanchez (#276747438)
Listing Office: Gilvan Realty Corp. (#GLBT01)
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