1112 NE 5th Ave new Save Request In-Person Tour Request Virtual Tour
Fort Lauderdale,FL 33304
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,550 sqft
Price per Sqft $313
Subdivision Progresso
MLS Listing ID A11882390
HOA Y/N No
Year Built 1986
Annual Tax Amount $8,829
Tax Year 2024
Property Sub-Type Duplex
Property Description
Discover a rare opportunity to own a versatile duplex featuring two spacious units, each with four bedrooms and two bathrooms. Perfectly situated just minutes from Las Olas Boulevard, Fort Lauderdale-Hollywood International Airport, The Galleria, Port Everglades, and the historic Bonnet House, this property offers unmatched access to vibrant dining, shopping, and cultural attractions.
Currently operating as a thriving hostel with consistent short-term rental income, it's a turnkey investment. Alternatively, lease each unit as apartments for a projected annual yield of 6.7%. Ideal for both active and passive investors, this aggressively priced duplex delivers flexibility and strong returns in a prime Fort Lauderdale location. Act now to secure this high-potential asset!
Location
State FL
County Broward
Community Progresso
Area 3400
Interior
Heating None
Cooling Central Air
Flooring Ceramic Tile
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Others
Tax ID 494234040940
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11882390