About 1507 Ne 5th Avenue
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.
Features of 1507 Ne 5th Avenue
| MLS® # | F10489456 |
|---|---|
| USD | $849,000 |
| CAD | $1,174,914 |
| CNY | 元5,695,347 |
| EUR | €731,269 |
| GBP | £627,754 |
| RUB | ₽71,762,065 |
| Last Listing Price | $899,999 |
| Year Built | 1967 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Closed |
| HOPA | No Hopa |
Community Information
| Address | 1507 Ne 5th Avenue |
|---|---|
| Area | 3370 |
| Subdivision | PROGRESSO |
| City | Fort Lauderdale |
| County | Broward |
| State | FL |
| Zip Code | 33304 |
Amenities
| Utilities | Cable Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric |
|---|---|
| Cooling | Electric |
| # of Stories | 1 |
Exterior
| Roof | Composition, Shingle |
|---|---|
| Construction | CBS |
Additional Information
| Date Closed | January 5th, 2026 |
|---|---|
| Date Listed | February 27th, 2025 |
| Days on Market | 562 |
| Zoning | 10 APART |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Parcel ID | 494234017930 |
Listing Details
| Office | E PRO Realty |
|---|