Multifamily in Fort Lauderdale, FL 33304
Middle River Terrace, 1106 NE 5th Ave #1-5

$1.4M1.4%
$1,379,000
3,754
SqFt
Status
OFF MARKETExpired
Size
3,754 SqFt (349 m2)
Price
$367/SqFt ($3,954/m2)
Type
Multifamily
Built
1980
MLS Number
A11425866
On Site
1138 Days
Updated
1045 Days ago
Page Views
0
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. and $2080/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.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Other
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Other
        • Year Built: 1980
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-07-31T11:29:26.000-00:00
          Taxes, Fees & More
          • Taxes: 11902

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          Price History

          Current
          $1.4M
          High
          $1.4M
          Low
          $1.4M
          Total Change
          -1.4%
          $1.4M$1.4M$1.4MJul 23Nov 23
          Date
          Event
          Price
          Change
          Price Per
          11/01/2023
          Price Reduced
          $1.4M
          -1.43%
          $367 ft2
          $3,954 m2
          07/26/2023
          Listed
          $1.4M
           
          $373 ft2
          $4,011 m2
          11/01/2023
          $1.4M
          Event
          Price Reduced
          Change
          -1.43%
          Price Per
          $367 ft2
          $3,954 m2
          07/26/2023
          $1.4M
          Event
          Listed
          Price Per
          $373 ft2
          $4,011 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Svetlana Abdrshina • United Realty Group Inc • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Somewhat Walkable. Some errands can be accomplished on foot
          59

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          36

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          56

          100
          Sound Score®
          Bearable noise
          76

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          29

          100
          Local Score
          Limited local amenities nearby
          1

          100
          Community Snapshot
          1 – 5 BR
          Bedrooms
          $179K – $1.8M
          Price Tier
          366 - 9,743
          SqFt Range
          1960
          Year Build
          1
          Total Floors

          Subdivision Amenities

          Laundry
          None
          Parking
          Pool

          Fort Lauderdale
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          Middle River Terrace Communities in Fort Lauderdale, FL