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.
Position your home correctly from day one with a data-backed pricing strategy and targeted marketing plan
Price History
02/24/2026
Date
Listed
Event
$1.6M
Price
$2,074 ft2 / $22,328 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Andres Zapata • Douglas Elliman • Buyer Agency Compensation .
Similar Listings
Results 0 of 0
No Listings Found
We couldn't find any listings in your search area. Try changing your location
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.