1115 Nw 5th Ave, Fort Lauderdale, FL 33311

$6,500,000
2,000
SqFt
List Price
$6,500,000
MLS
A11068345
Complex Name
Progresso
Status
ACTIVE
Type
Multifamily
Living Area
2,000

Property Description

Rare opportunity to acquire 17 units in one easy deal from long term reputable seller. 2 units in Homestead(one SF/single family 6/2 & one townhome 3/2.Both built in 2003), 3 SF homes in Sistrunk,1 SF in Lauderdale Manors, 1 SF in Poinsettia Heights, 1 duplex & 9 SF homes in South Middle River. Single family homes have become increasingly scarce in supply due to the recent housing demand & are considered highly desirable assets. The properties have all been upgraded. But more can be done to increase values rent including adding several Granny Flats & turning some homes into duplexes. 12 of the properties are located in Opportunity Zone’s and can benefit from the Opportunity Zone tax incentives. *See supplemental remarks for property addresses. Please do not disturb the tenants*

Additional Information

Days on Market
19
Style
Duplex
Lot Size
2,000
#Parking Spaces
4
Year Built
1966
Development Name
Progresso
#Stories
1
Construction Type
Concrete Block Construction
Section
34

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Cesar Balbin R.E Broker.