1628 NW 5th Ave, Fort Lauderdale FL 33311

For sale Days on market 22

PROGRESSO [ Single Family Residence ]

$725,000

$467/sq ft

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Overview

Year Built

1952

Sqft

1552

Property Type

Single Family Residence

Property Description

Income-producing duplex located in a high-demand Fort Lauderdale area. This detached multifamily property features two units: a 3-bedroom/2-bath unit and a 1-bedroom/1-bath unit. Current total rental income is $5,800 per month. The 3/2 unit is rented at $4,000 per month on a month-to-month basis, while the 1/1 unit is rented at $1,800 per month with a lease in place through March 1, 2026. Recent capital improvements include a new roof (2024) and impact windows throughout. Both units offer private yards, adding tenant appeal and functionality. Property is zoned multifamily and located in a strong rental market with consistent tenant demand. Ideal opportunity for investors seeking steady income with long-term upside in an established Fort Lauderdale neighborhood.

Property Details

MLS#

A11940040

Total Floor in Bldg

Building

PROGRESSO

Address

1628 5th Ave NW

City

Fort Lauderdale

State/county

Zip/Postal Code

33311

Area

Progresso

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$8,787

Maint Fee

$--

Tax Year

2025

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