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Middle River Terrace, 1507 NE 5th Ave #1-4, Fort Lauderdale, FL, Florida 33304

2,825SqFt

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Status:
Sold - Jan 05, 2026
Size: 2,825 SqFt (262 m2)
Price: $301/SqFt ($3,235/m2)
Type: Multi Family
Built: 1967
MLS Number: F10489456
On Site: 344 Days
Updated: 12 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
      • Exterior Features: Balcony
      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: 2025-02-27T19:00:00.000-00:00
        Taxes, Fees & More
        • Maintenance Includes: Sewer,Trash,Water
        • Taxes: 3480
        • Real Estate Taxes: 122510
        • Total Floors in Building: 1
        • Total Units in Complex: 44

        Apples-to-Apples Comparables

        THINKING OF SELLING IN Middle River Terrace at Fort Lauderdale?
        Request a Comparative Market Analysis (CMA), It's free and comes with no obligation.

        Price History

        01/05/2026

        Date

        Sold

        Event

        $849K

        Price

        0%

        Change Rate

        $301 ft2 / $3,235 m2

        Price Per

        10/23/2025

        Date

        Price Reduced

        Event

        $849K

        Price

        -5.67%

        Change Rate

        $301 ft2 / $3,235 m2

        Price Per

        10/23/2025

        Date

        Price Reduced

        Event

        $900K

        Price

        -2.7%

        Change Rate

        $319 ft2 / $3,429 m2

        Price Per

        03/18/2025

        Date

        Price Reduced

        Event

        $925K

        Price

        -2.63%

        Change Rate

        $327 ft2 / $3,524 m2

        Price Per

        02/28/2025

        Date

        Listed

        Event

        $950K

        Price

        $336 ft2 / $3,620 m2

        Price Per

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

        Listed by John KemperE PRO Realty • Buyer Agency Compensation .

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