$550,000
For Sale

1219 NE 5th Terrace

Fort Lauderdale, FL 33304
1000 sqft | #FX-10482186
Browse 7 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

This well-maintained duplex is a prime investment opportunity, featuring a new roof installed in 2021 and NEWLY remodeled kitchens in both units. Each unit is in great condition, offering move-in-ready spaces for tenants.Both units have tenants that are month to month. Whether you're a seasoned investor or just starting, this property is a fantastic addition to your portfolio. Don't miss the chance to own this turnkey income-producing duplex!Located within walking distance to Wilton Manors and Wilton Drive's shops and restaurants, the property is also close to Las Olas, Flagler Village, and Victoria Park, making it highly desirable for tenants. The seller is also offering two additional multifamily properties for sale- another duplex and a sixplex with an option to purchase all together.

  • Property Details
      • Utility FeaturesCable Connected, Public Sewer
      • SubdivisionProgresso 2-18 D
      • Property TypeMulti-Family
      • RoofComposition
      • MLS #FX-10482186
      • MLS #FX-10482186
      • Lot Features< 1/4 Acre
      • Lot Description< 1/4 Acre
      • Original List Price$550,000
      • CountyBroward
      • ZoningRMM-25
      • Taxes Annual$6,355
      • Cost550000
      • Property SubtypeDuplex
      • Square Feet1000
      • Year Built1957
      • Stories1

Location

Lisa StewartReal Estate Group

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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