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1124 NE 5th Avenue Fort Lauderdale, FL 33304

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For Sale
$1,750,000

Eight-unit property with renovation and income potential near Wilton Manors.

Type:Commercial/Industrial
Lot size:
0.47 Acres
Added:
Mar 11, 2026
Days on Market:
24
Last Refresh:
Apr 2 at 1:07 am

Property Features for 1124 NE 5th Avenue

General Information

Standard status
Active
Lot size
0.47 Acres
Property subtype
Commercial/Industrial

Building Details

Year Built
1951

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Listing Contact
Corbin Mitchell
Corbin Mitchell

Listing agent Corbin Mitchell License #3291178

Listing office Coldwell Banker Realty

Listing date Mar 11, 2026

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty


Overview

Income Property Near Wilton Manors

This income-producing property features eight units, each equipped with separate water and electric meters. Five of the units have been recently renovated, while the remaining three require updates. A detached three-bedroom unit is undergoing kitchen and bathroom renovations to maximize rental potential, with new impact windows and doors being installed. A new roof was installed in 2020. Currently, seven of the eight units are rented, providing a steady income stream. The property is located within walking distance of the shops and restaurants of Wilton Manors and Wilton Drive. Its location also provides convenient access to Las Olas, Flagler Village, and Victoria Park, making it a desirable location for tenants. The sale includes two side-by-side parcels of land, totaling half an acre. The first parcel contains a six-plex, while the second parcel contains a duplex.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Fort Lauderdale
County
Broward
State
Florida
Longitude
-80.1488
Latitude
26.1395

FAQs

What type of property is this?
Apartment building - Eight-unit property with renovation and income potential near Wilton Manors.
Where is this apartment building located?
The property is located at 1124 NE 5th Avenue Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Income‑producing property with 7 of 8 units currently rented.; Located within walking distance to Wilton Manors and Wilton Drive's shops and restaurants.; Includes two side‑by‑side parcels totaling half an acre.
More about this property
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