Multifamily in Fort Lauderdale, FL 33304Middle River Terrace, 1507 NE 5th Ave #1-4
Share
Closed
2,825
SqFtStatus
Sold - Jan 05, 2026
Size
2,825 SqFt (262 m2)
Price
$301/SqFt ($3,235/m2)
Type
Multifamily
Built
1967
MLS Number
F10489456
On Site
560 Days
Updated
22 Days ago
Page Views
0
CASH FLOW FOR SALE! Just outside Wilton Manors Four-plex in East Fort Lauderdale. Professionally Managed property w/stable long-term tenants. This has been a cash cow for the owner for years. Separate Electric Meters for each Unit- Insurance, water/sewer/trash, Laundry Room Electric & RE taxes=$22,000. Unit #1 $1800/mo. Lease ends 11/14/26|Unit #2 $1700/mo. Lease ends 1/31/26|Unit #3 $1600/mo. Lease ends 2/30/26|Unit #4 $1700/mo. Lease ends 2/28/26- Coin-op laundry on Site brings in Approx.. $150/month, Property total monthly cash flow =$6,950.00 or $83,400 per year. Please Do not walk the property–tenants are unaware for sale. *Showings ONLY available after an ACCEPTED OFFER* This is a strong income producing asset in high-demand rental market. Ideal for investors seeking steady returns.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Electric
- Cooling Description: Electric
Building and Construction
- Floor Description: CeramicTile,Tile
- Year Built: 1967
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-02-28T11:58:20.000-00:00
Taxes, Fees & More
- Maintenance Includes: Sewer,Trash,Water
- Taxes: 3480
- Real Estate Taxes: 122510
- Total Floors in Building: 1
- Total Units in Building: 4
- Total Units in Complex: 4
Apples-to-Apples Comparables
Price History
Current
$849K
High
$950K
Low
$849K
Total Change
-10.6%Date
Event
Price
Change
Price Per
01/05/2026
Sold
$849K
0%$301 ft2
$3,235 m2
10/23/2025
Price Reduced
$849K
-5.67%$301 ft2
$3,235 m2
10/23/2025
Price Reduced
$900K
-2.7%$319 ft2
$3,429 m2
03/18/2025
Price Reduced
$925K
-2.63%$327 ft2
$3,524 m2
02/28/2025
Listed
$950K
 $336 ft2
$3,620 m2
01/05/2026
$849K
Event
Sold
Change
0%Price Per
$301 ft2
$3,235 m2
10/23/2025
$849K
Event
Price Reduced
Change
-5.67%Price Per
$301 ft2
$3,235 m2
10/23/2025
$900K
Event
Price Reduced
Change
-2.7%Price Per
$319 ft2
$3,429 m2
03/18/2025
$925K
Event
Price Reduced
Change
-2.63%Price Per
$327 ft2
$3,524 m2
02/28/2025
$950K
Event
Listed
Price Per
$336 ft2
$3,620 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by John Kemper • E PRO Realty • Buyer Agency Compensation .
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Scores
59
100
36
100
56
100
76
100
0
100
29
100
1
100
Community Snapshot
1 – 5 BR
Bedrooms
$179K – $1.8M
Price Tier
366 - 9,743
SqFt Range
1960
Year Build
1
Total Floors
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