Home » Fort Lauderdale » 1128 NE 5th Ave, Fort Lauderdale, FL 33304 | F10482185

Duplex For Sale 1128 NE 5th Ave, Fort Lauderdale, FL 33304

$550,000

Property Highlights

Listing ID F10482185 Status of this Listing: Active For Sale Property Type Residential Income (Multifamily 2-4) Duplex Living Space 1,014 Sqft/94.20 m2 approx. Year Built 1953 Time of this property on Rebonus 4 Day(s)

1128 NE 5th Ave, Fort Lauderdale, FL 33304

Property Description: This well-maintained duplex is a prime investment opportunity, featuring a new roof installed in 2021 and remodeled kitchens in both units. Each unit is in great condition, offering move-in-ready spaces for tenants. One unit operates on a month-to-month lease, providing flexibility for new owners, while the other is leased through July 2025, ensuring steady rental income. Whether you’re a seasoned investor or just starting, this property is a fantastic addition to your portfolio. Don’t miss the chance to own this turnkey income-producing duplex!Located within walking distance to Wilton Manors and Wilton Drive’s shops and restaurants, the property is also close to Las Olas, Flagler Village, and Victoria Park, making it highly desirable for tenants.

Useful Info

Original List Price:$550,000

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre

Construction

Year Built Details:
  • Resale
Number of Units Total:2
Property Condition:
  • Resale
Levels:One
Construction Materials:
  • Block
Flooring:
  • Tile
Stories:1

Property Features

Waterfront:No
Roof:
  • Shingle
  • Composition
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$5,410

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:2023
Property Tax Status:Tax Reflects No Exemptions

Terms

Documents Available:
  • Lease
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Subdivision Name:Progresso 2-18 D
Community Features:
  • Non-gated
Senior Community:No

Parking

Parking Total Spaces:4
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available

More Details

Other Information:
Data exchange original Listing NumberF10482185
Type of AssociationNone
Ref1103167028

Zoning and Legal

Tax Legal Description:PROGRESSO 2-18 D LOT 39,40 BLK 145
Real Estate Folio Number (Parcel Number):494234040970
Zoning Description:RMM-25
Public Survey Township:4942
Public Survey Section:34

Listing History

Update/EventDate/Days
Published Date:January 22, 2025 11:04 am
On Market Date:January 21, 2025
Listing Contract Date:January 21, 2025
Last Important Update Description:New Listing
Date and Time of Last Important Update:January 22, 2025 11:04 am
Status Last Changed:January 22, 2025 11:04 am
Photos Last Modified:January 22, 2025 4:16 pm
Last Modified:January 22, 2025 10:45 pm
Days on the Market Reference Date:January 22, 2025
Days on the Market (updated on Last Modified*):1
Cumulative Days on the Market (updated on Last Modified**):1

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot,
Number of Photos:3
Location:,
Included:,,
Geographical Area:Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
Area:3370
Automated Valuation Display:Yes
Courtesy of:Coldwell Banker Realty
Universal Property Id:US-12011-N-494234040970-R-N

Location

Show Property Address:Yes
Street Name:5th Ave
Street Number:1128
Street Direction Prefix:NE
Street Address:1128 NE 5th Ave
City : Fort Lauderdale
State : Florida
Zip Code : 33304
County : Broward
Full Address:1128 NE 5th Ave, Fort Lauderdale, FL 33304
Latitude:N26° 8' 23.5''
Longitude:W81° 51' 38.6''

Neighborhood

Postal City:Fort Lauderdale

Property Map