Middle River Terrace, 1106 NE 5th Ave Fort Lauderdale, 33304

$1,425,000Price
3,754SqFt

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Size: 3,754 ft2 / 349 m2
Price: $380 ft2 / $4,086 m2
Built: 1980
MLS Number: A11685074
On Site: 5 Days
Updated: 5 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
Price History
10/30/2024

Date

Listed

Event

$1.4M

Price

$380 ft2 / $4,086 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Ilan Allen ZivUnited Realty Group Inc • Buyer Agency Compensation .

Instant Comparative Market Analysis
$100/ft²
$400/ft²
$700/ft²
$1,100/ft²

Unit 1106 NE 5th Ave – Asking

$380/ft²

(-6%) from Closed Medium $/ft²

Closed Medium $/ft²

$404/ft²
Community $/Price Range (Closed) $271/ft² – $938/ft²
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