$1,399,999

1106 NE 5th Ave Fort Lauderdale, FL 33304

$10,000
Closing credit¹
3,754 sqft
$373 / sqft
Multi-Family

Property details

About 1106 NE 5th Ave

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.

Highlights

Home typeQuadruplex
HeatingOther
StatusActive
CoolingCentral Air
Size3,754 sqft
Year built1980
MLS #A11685074

Virtual tour

Summary

  • MLS Number: A11685074
  • MLS Name: SEFMIAMI
  • Office Name: United Realty Group Inc
  • Office Phone: (954) 450-2000
  • Office Email: broker@urgfl.com
  • Listing Agent: Ilan Allen Ziv

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/5/2025, 10:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of parking

$1,399,999

1106 NE 5th Ave

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

5

North Side Elementary School

Public District PK-5

0.2 mi

120 NE 11th St

5

Thurgood Marshall Elementary School

Public Magnet PK-5

0.9 mi

800 NW 13th St

5

Bennett Elementary School

Public District KG-5

1.1 mi

1755 NE 14th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $26,446. The most common annual income of people living in Fort Lauderdale, FL is less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

78%
<35k
20%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

66%
Single, No Kids
16%
Single, with Kids
7%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
29%
18-34 yrs old
43%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1106 NE 5th Ave in Fort Lauderdale, FL and zip code 33304 in the Middle River Terrace neighborhood. This 3,754 square foot home was built in 1980. Features: 0 bathroom. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $1,399,999.

In February 2025 more than 8 listings in Fort Lauderdale, FL were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 65 were sold below. Between January and February 2025, Fort Lauderdale, FL real estate market has seen increase in the number of listings by 15.4%. In February 2025, listings were on the market for 69 days. During the same period, the median list price in this real estate market was $480,983.

From Rocket Homes Real Estate and based on county public records data.

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