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1507 NE 5TH AveFort Lauderdale, FL 33304

For Sale

$899,999

Smart Buyer Rebate $9,000

Cash flow for sale just outside wilton manors four plex in east fort lauderdale professionally managed property w stable long term tenants this has been a cash cow for the owner for years separate electric meters for each unit insurance water sewer trash laundry room electric re taxes 22 000 unit 1 1800 mo lease ends 11 14 26 unit 2 1700 mo lease ends 1 31 26 unit 3 1600 mo lease ends 2 30 26 unit 4 1700 mo lease ends 2 28 26 coin op laundry on site brings in approx 150 month property total monthly cash flow 6 950 00 or 83 400 per year please do not walk the property tenants are unaware for sale showings only available after an accepted offer this is a strong income producing asset in high demand rental market ideal for investors seeking steady returns

Listed by John Kemper

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License #615745

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E PRO Realty

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(954) 306-2829

Listed by Lee Goldman

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License #3063528

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E PRO Realty

Last updated November 11, 2025

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Source: BeachesMLS #FX-10489456

Listing Facts

  • TypeMulti-family
  • NeighborhoodMiddle River Terrace
  • Days on Prevu265
  • Taxes$3,480/year
  • Size2,825 sqft
  • Price per sqft$319

Amenities

  • Pets Allowed
  • Parking

Location

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Listing History

10/24/2025
Price Decreased
$899,999
03/18/2025
Price Decreased
$924,998
02/27/2025
Listed by E PRO Realty
$949,998

Property Details for 1507 NE 5TH Ave

Association

Amenities

  • Community Features: Non Gated

Exterior

Construction

  • Number Of Units Total: 4
  • Property Condition: Resale
  • Roof: Composition, Shingle
  • Stories: 1
  • Year Built: 1967
  • Year Built Details: Resale
  • Architectural Style: Fourplex
  • Construction Materials: Block

Measurements

  • Lot Features: Less Than Quarter Acre
  • Lot Size Dimensions: 6,749

Financial

Taxes

  • Parcel Number: 494234017930
  • Tax Annual Amount: $3,480.00
  • Tax Year: 2013

Interior

Features

  • Flooring: Ceramic Tile, Tile

Measurements

  • Living Area: 2,825

Other

Location

  • Subdivision Name: PROGRESSO

Parking

Parking

  • Parking Total: 5

Utilities

Equipment

  • Cooling: Electric
  • Has Cooling: Yes
  • Heating: Electric
  • Has Heating: Yes
  • Sewer: PublicSewer
  • Utilities: Cable Available
  • Water Source: Public

Based on information from Beaches MLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.