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

$1.4M15.8%
$1,199,997
3,754
SqFt
Status
OFF MARKETExpired
Size
3,754 SqFt (349 m2)
Price
$320/SqFt ($3,441/m2)
Type
Multifamily
Built
1980
MLS Number
A11685074
On Site
681 Days
Updated
24 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. 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: 2024-10-30T12:16:59.000-00:00
          Taxes, Fees & More
          • Taxes: 13674

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          Price History

          Current
          $1.2M
          High
          $1.4M
          Low
          $1.2M
          Total Change
          -15.8%
          $1.5M$1.3M$1.2MOct 24Nov 24Feb 25May 25May 26Aug 26Aug 26
          Date
          Event
          Price
          Change
          Price Per
          08/17/2026
          Price Reduced
          $1.2M
          0%
          $320 ft2
          $3,441 m2
          08/04/2026
          Price Reduced
          $1.2M
          0%
          $320 ft2
          $3,441 m2
          05/15/2026
          Price Reduced
          $1.2M
          -11.11%
          $320 ft2
          $3,441 m2
          05/27/2025
          Price Reduced
          $1.3M
          -3.57%
          $360 ft2
          $3,871 m2
          02/25/2025
          Price Reduced
          $1.4M
          -1.75%
          $373 ft2
          $4,014 m2
          11/18/2024
          Price Reduced
          $1.4M
          0%
          $380 ft2
          $4,086 m2
          10/30/2024
          Listed
          $1.4M
           
          $380 ft2
          $4,086 m2
          08/17/2026
          $1.2M
          Event
          Price Reduced
          Change
          0%
          Price Per
          $320 ft2
          $3,441 m2
          08/04/2026
          $1.2M
          Event
          Price Reduced
          Change
          0%
          Price Per
          $320 ft2
          $3,441 m2
          05/15/2026
          $1.2M
          Event
          Price Reduced
          Change
          -11.11%
          Price Per
          $320 ft2
          $3,441 m2
          05/27/2025
          $1.3M
          Event
          Price Reduced
          Change
          -3.57%
          Price Per
          $360 ft2
          $3,871 m2
          02/25/2025
          $1.4M
          Event
          Price Reduced
          Change
          -1.75%
          Price Per
          $373 ft2
          $4,014 m2
          11/18/2024
          $1.4M
          Event
          Price Reduced
          Change
          0%
          Price Per
          $380 ft2
          $4,086 m2
          10/30/2024
          $1.4M
          Event
          Listed
          Price Per
          $380 ft2
          $4,086 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Ilan Allen Ziv • United Realty Group Inc • Buyer Agency Compensation .

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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

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          Middle River Terrace Communities in Fort Lauderdale, FL