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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

1112 NE 5TH AVE, FORT LAUDERDALE, FL 33304

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Multi Family - PROGRESSO for Sale

1112 NE 5TH AVE, FORT LAUDERDALE, FL 33304

Asking Price$799,000 Change Price$999

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  • Days on market:

    75 day(s)

  • Adjusted Area:

    2550 sqft

  • Original Price:

    $799,999

  • Price per sqft:

    $313.33

  • Tax Legal Description:

    PROGRESSO 2-18 D LOT 31 & 32 BLK 145

  • Tax Year:

    2024

  • Property Type:

    Multi Family

  • Style:

    Duplex

  • Construction Type:

    Cbs Construction

  • Roof:

    Shingle

  • Cooling Description:

    Central Air

  • Heating Description:

    None

  • Floor Description:

    Ceramic Floor

  • Lot Features:

    Less Than 1/4 Acre Lot

  • Type of Association:

    None

Description

$799,000 • living size area 2550 sqft

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!

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