Home » Fort Lauderdale » 751 NW 5th St, Fort Lauderdale, FL 33311 | A11476615

Multi Family Sold 751 NW 5th St, Fort Lauderdale, FL 33311

$1,275,000
closed for a price of $1,000,000

Property Highlights

Listing ID A11476615 Status of this Listing: Closed Sold Property Type Commercial Sale Multi Family Building Area 4,375 Sqft/406.45 m2 approx. Lot area 10,125 Sqft/940.64 m2 approx. Year Built 1960 Time of this property from published date until Closing Date 176 Days

751 NW 5th St, Fort Lauderdale, FL 33311

Property Description: This multi-family property presents a fantastic investment opportunity in the heart of Fort Lauderdale. Situated in close proximity to the beach, as well as a diverse selection of exceptional restaurants, bars, shops, museums, and art galleries, it offers an ideal location for residents and visitors alike. This 2 story multi family building features 6 spacious 2-bedroom units, each equipped with a full bathroom, living room, kitchen and dining area. This is 100% occupied with the potential for the new owner to increase the rent immediately. All tenants are month to month. The CRA is currently developing new housing in this area.

Useful Info

Contingency:No Contingencies
Previous Asking Price:$1,400,000
Original List Price:$1,500,000
Close Price:$1,000,000
If Bank REO, Short Sale, As Is, etc.:
  • Corporate Listing (Corporate Owned Property)

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Number of Buildings:1
Number of Units Total:6
Levels:Two
Construction Materials:
  • Block
Flooring:
  • Carpet
  • Tile
Structure Type:
  • Apartment
Stories:2

Property Features

Waterfront:No
Roof:
  • Shingle
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)
Heating:Yes
Heating System:
  • Wall Furnace
  • Window Unit

Taxes and Expenses

Tax Annual Amount:$2,638

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Senior Community:No

Parking

Parking Total Spaces:8
Covered Spaces:0
Parking Features:
  • Assigned
  • Guest

More Details

Other Information:
Flood ZoneX
FEMA Flood Zone DesignationsX
Municipal Code50
Subdivision Number1
Buyer Country of ResidenceUnknown/Withheld

Zoning and Legal

Tax Legal Description:NORTH LAUDERDALE 1-48 D LOT 27-29 TOG WITH W 1/2 OF PT VAC'D ALLEY LYING E OF & ADJ TO LOTS 27-29 A SPER OR 15316/195,BLK 15
Real Estate Folio Number (Parcel Number):504203011770
Zoning Description:RMM-25
Public Survey Township:50
Public Survey Range:42
Public Survey Section:3

Listing History

Update/EventDate/Days
Published Date:November 22, 2023 5:34 pm
On Market Date:November 22, 2023
Close Date:May 16, 2024
Price Change Date Time:February 12, 2024 12:54 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:May 27, 2024 1:02 pm
Status Last Changed:May 27, 2024 1:02 pm
Photos Last Modified:March 13, 2024 2:14 am
Last Modified:May 27, 2024 5:02 pm
Days on the Market Reference Date:May 27, 2024
Days on the Market (updated on Last Modified*):85
Cumulative Days on the Market (updated on Last Modified**):85

Additional Information

Number of Photos:19
Location:,,
Included:Building & Land,,
Area:3810
Automated Valuation Display:Yes
Courtesy of:Keller Williams Legacy
Universal Property Id:US-12011-N-504203011770-R-N

Location

Show Property Address:Yes
Street Name:5th St
Street Number:751
Street Direction Prefix:NW
Street Address:751 NW 5th St
City : Fort Lauderdale
State : Florida
Zip Code : 33311
County : Broward County
Full Address:751 NW 5th St, Fort Lauderdale, FL 33311
Latitude:N26° 7' 40.1''
Longitude:W81° 50' 51.9''

Neighborhood

Postal City:Fort Lauderdale

Property Map