1112 NORTH EAST 5TH AVE, Fort Lauderdale
$799,000 USD
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| Address | 1112 NORTH EAST 5TH AVE, Fort Lauderdale |
| Building Name | PROGRESSO |
| Type of Property | Duplex |
| Property Style | Duplex |
| Price | $799,000 |
| Previous Price | $799,999 (11 days ago) |
| Property Status | Active |
| MLS Number | A11882390 |
| Living Area | 2550 |
| Year Built | 1986 |
| Parking Space Number | 4 |
| Folio Number | 494234040940 |
| Zoning Information | RMM-25 |
| Days on Market | 11 |
Detailed Description: Discover a rare opportunity to own a versatile duplex featuring two spacious units, each with four bedrooms and two bathrooms. Perfectly situated just minutes from Las Olas Boulevard, Fort Lauderdale-Hollywood International Airport, The Galleria, Port Everglades, and the historic Bonnet House, this property offers unmatched access to vibrant dining, shopping, and cultural attractions. Currently operating as a thriving hostel with consistent short-term rental income, it’s a turnkey investment. Alternatively, lease each unit as apartments for a projected annual yield of 6.7%. Ideal for both active and passive investors, this aggressively priced duplex delivers flexibility and strong returns in a prime Fort Lauderdale location. Act now to secure this high-potential asset!
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Address Information
| State | Florida |
| City | Fort Lauderdale |
| County | Broward County |
| Zip Code | 33304 |
| Address | 1112 NORTH EAST 5TH AVE |
| Section | 34 |
| Zip Code (4 Digits) | 4905 |
Financial Information
| Price | $799,000 |
| Price per Foot | $0 |
| Previous Price | $799,999 |
| Folio Number | 494234040940 |
| Tax Amount | $8,829 |
| Tax Year | 2024 |
| Possession Information | Funding |
Full Descriptions
| Detailed Description | Discover a rare opportunity to own a versatile duplex featuring two spacious units, each with four bedrooms and two bathrooms. Perfectly situated just minutes from Las Olas Boulevard, Fort Lauderdale-Hollywood International Airport, The Galleria, Port Everglades, and the historic Bonnet House, this property offers unmatched access to vibrant dining, shopping, and cultural attractions. Currently operating as a thriving hostel with consistent short-term rental income, it’s a turnkey investment. Alternatively, lease each unit as apartments for a projected annual yield of 6.7%. Ideal for both active and passive investors, this aggressively priced duplex delivers flexibility and strong returns in a prime Fort Lauderdale location. Act now to secure this high-potential asset! |
| Roof Description | Shingle |
| Floor Description | Ceramic Floor |
| Cooling Description | Central Air |
| Heating Description | None |
| Sewer Description | Public Sewer |
Property parameters
| Living Area | 2550 |
| Zoning Information | RMM-25 |
| Year Built | 1986 |
| Type of Property | Duplex |
| Style | Duplex |
| Building Name | PROGRESSO |
| Development Name | PROGRESSO |
| Construction Type | CBS Construction |
| Stories Number | 1.000 |
| Street Direction | North East |
| Parking Space Number | 4 |
| Listed with | Brokers, LLC |