Middle River Terrace, 1507 NE 5th Ave Fort Lauderdale, FL 33304

949,998(-2.63% )
$924,998Price
2,825SqFt

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Details

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Size: 2,825 ft2 / 262 m2
Price: $327 ft2 / $3,524 m2
Built: 1967
MLS Number: F10489456
On Site: 33 Days
Updated: 0 Days ago
Page Views: 0
Cash flow for sale! This is an easily managed four-plex in east fort lauderdale (blocks from wilton manors). Clean & well-maintained property. Stable, established long-term tenants. Coin-op laundry brings in approx. $150/month, for a total monthly cash flow of $$6,650, or $78,000 per year. This has been a cash cow for the owner for years, and now it can be yours. Not a short sale or foreclosure. (insurance, electric, water, sewer, trash & re taxes total $22,000. Unit #1 $1700/mo. Lease ends 11/14/25 unit #2 $1700/mo. Lease ends 1/31/26 unit #3 $1400/mo. Lease ends 11/30/25 unit #4 $1700/mo. Lease ends 2/28/26

Features

Bedrooms
Bathrooms
Exterior and Lot Features

Price History

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 .

Instant Comparative Market Analysis

$100/ft²
$300/ft²
$600/ft²
$900/ft²

Unit 1507 NE 5th Ave – Asking

$327/ft²

(-16%) from Closed Medium $/ft²

Closed Medium $/ft²

$391/ft²
Community $/Price Range (Closed) $231/ft² – $703/ft²
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