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    Property profile

    1106 NE 5Th Ave Fort Lauderdale, FL 33304

    FOR SALE
    Quadplexes
    Property ID
    US18-Q027285
    3,754 SF Built 1980
    1106 NE 5Th Ave, Fort Lauderdale, FL 33304 For Sale 1 / 16
    $1,199,999 3,754 SF
    1106 NE 5Th Ave, Fort Lauderdale, FL 33304
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    Property summary

    AI-generated overview

    If you're looking for a fantastic investment opportunity in a prime location, this property is for you! Presenting a well-maintained building with 5 legal units located in the sought-after Lake Ridge area of Fort Lauderdale. Rental Income:3 one-bedroom units rented at $1,800/m, 2 two-bedroom units rented at $2,400/m. All units currently leased on one-year leases. Recently replaced Roof in 2020. 40-Year Certification Passed and up-to-date. 6 electric meters and 1 water meter. Coin-operated washer and dryer. Each apartment has designated private parking. Perfectly situated just minutes away from Las Olas Blvd, Victoria Park, and Flagler Village. Proximity to numerous shopping, dining, and entertainment options, making it attractive to potential tenants.

    Property profile

    Verified
    Property type Quadplexes
    Year built 1980
    Total area 3,754 SF
    UPID US18-Q027285

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Value estimations

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    Owner & transaction history

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Contact for pricing
      Remodeled 14-Unit Multi-Building Property
      Sale of 14 remodeled apartment units across three buildings with full kitchens, central A/C, and an on-site laundry facility.
      1301 NE 16th Ter # 5, Fort Lauderdale, FL 33304
      View Details
    • New
      $1,299,000
      6-Unit Apartment Building with Impact Glass
      Four one-bedroom apartments and two studios feature full impact glass, with updated interiors across most of the units.
      1-6-2633 Middle River Dr, Fort Lauderdale, FL 33304
      View Details
    • New
      $2,399,000
      0.30 Acres
      Furnished 9-Unit Short-Term Rental Property
      Furnished, operational lodging property with varied accommodations, shared laundry, and on-site parking in Fort Lauderdale.
      1225 NE 15th Ave, Fort Lauderdale, FL 33304
      View Details
    • New
      $2,399,000
      Nine-Unit Short-Term Rental Property
      Two furnished buildings offer varied accommodations, shared laundry, and on-site parking for continued short-term rental operations.
      1225 NE 15th Ave # 9 Unit: 1-9, Fort Lauderdale, FL 33304
      View Details
    • Contact for pricing
      2,547 SF
      Multifamily Apartment Building with Impact Windows
      Five-unit property with impact windows, patios, and on-site laundry, positioned for owner-occupant use or redevelopment.
      812 NE 15 Avenue, Fort Lauderdale, FL 33304
      View Details
    • New
      Contact for pricing
      Entitled Hotel/Condo Development Opportunity
      Shovel-ready 1.51 AC site for hotel or condo development.
      3016 Bayshore Drive, Fort Lauderdale, FL 33304
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Remodeled 14-Unit Multi-Building Property
      Sale of 14 remodeled apartment units across three buildings with full kitchens, central A/C, and an on-site laundry facility.
      1301 NE 16th Ter # 5, Fort Lauderdale, FL 33304
      View Details
    • New
      $1,299,000
      6-Unit Apartment Building with Impact Glass
      Four one-bedroom apartments and two studios feature full impact glass, with updated interiors across most of the units.
      1-6-2633 Middle River Dr, Fort Lauderdale, FL 33304
      View Details
    • New
      $2,399,000
      0.30 Acres
      Furnished 9-Unit Short-Term Rental Property
      Furnished, operational lodging property with varied accommodations, shared laundry, and on-site parking in Fort Lauderdale.
      1225 NE 15th Ave, Fort Lauderdale, FL 33304
      View Details
    • New
      $2,399,000
      Nine-Unit Short-Term Rental Property
      Two furnished buildings offer varied accommodations, shared laundry, and on-site parking for continued short-term rental operations.
      1225 NE 15th Ave # 9 Unit: 1-9, Fort Lauderdale, FL 33304
      View Details
    • Contact for pricing
      2,547 SF
      Multifamily Apartment Building with Impact Windows
      Five-unit property with impact windows, patios, and on-site laundry, positioned for owner-occupant use or redevelopment.
      812 NE 15 Avenue, Fort Lauderdale, FL 33304
      View Details
    • New
      Contact for pricing
      Entitled Hotel/Condo Development Opportunity
      Shovel-ready 1.51 AC site for hotel or condo development.
      3016 Bayshore Drive, Fort Lauderdale, FL 33304
      View Details

    Similar Nearby for Lease

    • New
      $2,000/Mo
      900 sqft
      One-Bedroom Apartment Unit
      Single-floor 1BR/1BA apartment with water, electricity, and WIFI internet included.
      1020 N Victoria Park Road Unit 27, Fort Lauderdale, FL 33304
      View Details
    • Contact for pricing
      2,743 sqft
      Apartment Building with Parking Garage
      Apartment building with retail parking and immediate delivery.
      701 Federal Hwy, Fort Lauderdale, FL 33304
      View Details
    • Contact for pricing
      1,590 sqft
      Apartment Building with Parking Garage
      Rental apartment building with a five-level parking garage and 84 exclusive retail parking spaces, available for immediate delivery.
      701 N Federal Hwy, Fort Lauderdale, FL 33304
      View Details
    • Contact for pricing
      1,144 sqft
      Apartment Complex with Five-Level Garage
      Rental apartment complex includes a five-level parking garage and 84 exclusive retail parking spaces.
      701 N Federal Hwy, Fort Lauderdale, FL 33304
      View Details
    • $1,750/Mo
      Victoria Park Unit For Rent
      Unit in quiet building near Gallery Mall and Las Olas.
      1710 NE 8 St 3, Fort Lauderdale, FL 33304
      View Details
    • $1,800/Mo
      One-Bedroom Apartment with Patio
      Spacious 1/1 includes a modern kitchen, updated flooring and bath, impact windows, and a private patio.
      1111 N Victoria Park Rd 1-4, Fort Lauderdale, FL 33304
      View Details
    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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