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$1,199,999

  • For Sale
  • Active
  • Multi-Family
  • 5 Units
  • Updated 11 days ago
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If you're looking for a fantastic investment opportunity in a prime location, this property is for you! Presenting a well-maintained building with 5 legal units located in the sought-after Lake Ridge area of Fort Lauderdale. Rental Income:3 one-bedroom units rented at $1,800/m, 2 two-bedroom units rented at $2,400/m. All units currently leased on one-year leases. Recently replaced Roof in 2020. 40-Year Certification Passed and up-to-date. 6 electric meters and 1 water meter. Coin-operated washer and dryer. Each apartment has designated private parking. Perfectly situated just minutes away from Las Olas Blvd, Victoria Park, and Flagler Village. Proximity to numerous shopping, dining, and entertainment options, making it attractive to potential tenants.

Full Property Details for 1106 NE 5th Ave

General

  • Price: $1,199,999
  • Taxes: $13,674 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11685074
  • Updated: 5/15/2026
  • Added to Site: 574 day(s) ago

Rental Information

  • Rent Includes: Sewer, Trash Collection, Water

Interior

  • Flooring: Other

Parking

  • Total Spaces: 6

Location

  • Area: Progresso
  • County: Broward County
  • Subdivision: PROGRESSO
  • Building Name: PROGRESSO

Community

  • Community Name: Progresso

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Other

Utilities

  • Sewer: Public Sewer

Structural Information

  • Architectural Style: Other
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Construction: CBS Construction
  • Roof: Other
  • Stories/Levels: 1
  • Building Size: 3754
  • Square Feet: 3,754
  • Living Area: 3,754 Sq. Ft.
  • Year Built: 1980

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: RMM-25

Financial Considerations

  • Price Per Sq. Ft.: $319.66
  • Tax Amount: $13,674
  • Tax Year: 2023
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Copy Of Lease(S), Rent Rolls
  • Legal Description: PROGRESSO 2-18 D LOT 27, 28, 29 BLK 145
  • Property ID: 494234040910

Listed by United Realty Group Inc

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Listing agent

— 1106 NE 5th Ave —

  • United Realty Group Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1106 NE 5th Ave

School District:Broward County School District
NameGradesDistance
North Side Elementary School
120 Northeast 11th Street, Fort Lauderdale, FL 33304
PK-50.2 mi
Sunrise Middle School
1750 Northeast 14th Street, Fort Lauderdale, FL 33304
6-81.1 mi
Fort Lauderdale High School
1600 Northeast 4th Avenue, Fort Lauderdale, FL 33305
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1106 NE 5th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/30/2024
Listed
$1,199,999
35.14%
MLS
3/16/2023
Sold
$888,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1106 NE 5th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,620
9%
$811,740
10%
2024
$15,205
—
$737,950
8%
2024
$15,205
11%
$685,000
4%
2023
$13,674
100%
$661,580
24%
2022
100%
$535,450
13%
2021
-100%
$475,000
13%
2019
$7,914
-16%
$422,220
-1%
2019
$9,469
48%
$425,820
93%
2018
$6,413
5%
$220,530
-41%
2017
$6,114
5%
$373,270
10%
2016
$5,838
11%
$339,410
105%
2015
$5,240
26%
$165,700
10%
2014
$4,157
5%
$150,640
10%
2013
$3,949
—
$136,950
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by United Realty Group Inc

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1106 NE 5th Ave, Fort Lauderdale, FL 33304 (MLS# A11685074) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 1106 NE 5th Ave is currently listed for $1,199,999 and was received on October 30, 2024. Want to learn more about 1106 NE 5th Ave? Do you have questions about finding other Multi-Family real estate for sale in Middle River Terrace? You can browse all Middle River Terrace real estate or contact a Coldwell Banker agent to request more information.

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