Rare opportunity to acquire 17 units in one easy deal from long term reputable seller. 2 units in Homestead (one SF / single family 6/2 and one townhome 3/2. Both built in 2003), 3 sq.ft homes in Sistrunk, 1 sq.ft in Lauderdale Manors, 1 sq.ft in Poinsettia

1115 NORTH WEST 5TH AVE, Fort Lauderdale

$6,500,000 USD
Pictures
Map
Object Images
Small Image of 1115 NORTH WEST 5TH AVE, Fort Lauderdale Number 1
Contact us

    Schedule Tour

      Address1115 NORTH WEST 5TH AVE, Fort Lauderdale
      Building NamePROGRESSO
      Type of PropertyDuplex
      Property StyleDuplex
      Price$6,500,000
      Property StatusActive
      MLS NumberA11068345
      Living Area2000
      Lot Size2000
      Year Built1966
      Parking Space Number4
      Folio Number494234037710
      Zoning InformationDUPLEX
      Days on Market70

      Detailed Description: Rare opportunity to acquire 17 units in one easy deal from long term reputable seller. 2 units in Homestead (one SF / single family 6/2 and one townhome 3/2. Both built in 2003), 3 sq.ft homes in Sistrunk, 1 sq.ft in Lauderdale Manors, 1 sq.ft in Poinsettia Heights, 1 duplex and 9 sq.ft homes in South Middle River. Single family homes have become increasingly scarce in supply due to the recent housing demand and are considered highly desirable assets. The properties have all been upgraded. But more can be done to increase values rent including adding several Granny Flats and turning some homes into duplexes. 12 of the properties are located in Opportunity Zone’s and can benefit from the Opportunity Zone tax incentives. *See supplemental remarks for property addresses. Please do not disturb the tenants*

      Internet

      Property added to favorites
      Add to Favorite
      Mortgage calculator
      More Information
      Loan
      Mortgage
      Expert
      Loan Calculator
      Loan amount
      Loan term
      Annual interest rate
      First payment date
      Amortization period
      Calculate
      Hide
      Address Information
      StateFlorida
      CityFort Lauderdale
      CountyBroward County
      Zip Code33311
      Address1115 NORTH WEST 5TH AVE
      Section34
      Zip Code (4 Digits)6239
      Financial Information
      Price$6,500,000
      Price per Foot$0
      Folio Number494234037710
      Tax Amount$5,224
      Tax Year2021
      Possession InformationFunding
      Full Descriptions
      Detailed DescriptionRare opportunity to acquire 17 units in one easy deal from long term reputable seller. 2 units in Homestead (one SF / single family 6/2 and one townhome 3/2. Both built in 2003), 3 sq.ft homes in Sistrunk, 1 sq.ft in Lauderdale Manors, 1 sq.ft in Poinsettia Heights, 1 duplex and 9 sq.ft homes in South Middle River. Single family homes have become increasingly scarce in supply due to the recent housing demand and are considered highly desirable assets. The properties have all been upgraded. But more can be done to increase values rent including adding several Granny Flats and turning some homes into duplexes. 12 of the properties are located in Opportunity Zone’s and can benefit from the Opportunity Zone tax incentives. *See supplemental remarks for property addresses. Please do not disturb the tenants*
      Roof DescriptionComposition Roll
      Floor DescriptionCeramic Floor
      Cooling DescriptionCentral Air
      Heating DescriptionNone
      Sewer DescriptionPublic Sewer
      Property parameters
      Living Area2000
      Lot Size2000
      Zoning InformationDUPLEX
      Year Built1966
      Type of PropertyDuplex
      StyleDuplex
      Building NamePROGRESSO
      Development NamePROGRESSO
      Construction TypeConcrete Block Construction
      Stories Number1.000
      Street DirectionNorth West
      Parking Space Number4
      Listed withCesar Balbin R.E Broker