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.
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 .
Instant Comparative Market Analysis
Closed
Active
$100/ft²
$400/ft²
$700/ft²
$1,100/ft²
Unit 1106 NE 5th Ave – Asking
$380/ft²
(-7%) from Closed Medium $/ft²
Closed Medium $/ft²
$406/ft²
Community $/Price Range (Closed) $268/ft² – $938/ft²
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