Basic Information

  • Type Duplex
  • Status Closed
  • Subdivision/Complex Progresso 2-18 D
  • Year Built 1981
  • Total Sqft 2,550
  • Date Listed 10/29/2021
  • Days on Market 89
Description

Investment opportunity in revitalization area of South Middle River Terrace. Access provided after acceptedexecuted contract. Blocks from Wilton Manors Milk Money BarKitchen. Long term, month-to-month tenants, under market rents ready to increase stabilize. New roof 2019, new driveway 102021, new HVAC units 2018 handler 2021, new water heater new tile floor 2020. Strong long term rental hold with pro-forma NOI of 36,871 6.84% cap rate. No sign at property, do not disturb tenants.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Exterior Features Fence, Lighting, Patio
  • Style Duplex

Interior Features

  • Adjusted Sqft 2,550Sq.Ft
  • Cooling Description Central Air
  • Floor Description Tile
  • Heating Description Central
  • Sqft 2,550 Sq.Ft

Property Features

  • Address 1132 NE 5th Ave
  • Construction Materials Block
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Progresso 2-18 D
  • Tax Amount $5,618
  • Tax Legal desc PROGRESSO 2-18 D LOT 41 42 BLK 145
  • Tax Year 2020
  • Terms Considered Cash, Conventional
  • Type of Property Duplex

1132 NE 5th Ave

Fort Lauderdale, FL 33304

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Sunbelt Investment Properties. tel: 954 832-0011

Real Estate IDX Powered by: TREMGROUP