$1,647,000
5-plex fully rented (mls classified as 4-plex) in fort lauderdale. Unit mix: four 1bd/1ba and one 2bd/2ba. Gross income $121, 000 annually with approx. $89k noi (5.1% cap at current pricing). Stable income with rental upside. Fully renovated with new kitchens, baths, a/c systems, flooring, fencing, railings, and new high-impact windows — no major deferred maintenance. Each unit includes a washer/dryer, 2 parking spaces, and separate parcel numbers. Features a pool and a 2bd/2ba unit with a private jacuzzi. Strong 1031 exchange opportunity. Roperty is legally structured as five separate condo parcels under one ownership (mls classified as 4-plex). All units are fully rented. Unit mix includes four 1bd/1ba units and one 2bd/2ba unit. Current gross income is $121, 800 annually with approximately $89k noi. Extensive renovations completed, including kitchens, bathrooms, a/c systems, flooring, fencing, railings, and high-impact windows. No major deferred maintenance.Each unit includes washer/dryer and two dedicated parking spaces. Property features a private pool, and the 2bd/2ba unit includes its own jacuzzi. Strong tenant demand in middle river terrace location. Ideal for 1031 exchange buyer or investor seeking stabilized cash flow with long-term flexibility due to separate parcel structure.