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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1106 NE 5th Ave , Fort Lauderdale, FL 33304
$1,199,999
Est. Payment: $6,056.49/mo
0 Bed
0 Bath
3754 Sqft
Status: active | Days on site: 294
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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

Listed by Ilan Allen Ziv , 305-900-8292 United Realty Group Inc , 954-450-2000. REALTOR Association of Greater Miami and the Beach

Property Type

Multi-Family

Year Built

1980

County

Broward

Area

3700

Neighborhood

Progresso

Listing ID

A11685074

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:

Exterior Features

Lot:< 1/4 Acre
Garage Capacity:6
Zoning:RMM-25
Roof:Other
Sewer:Public Sewer
Principal Interest
$6,056
Taxes
$1,140

Home Price

$1,199,999

Loan Details

30 yrs
6.482%

Down Payment

20%
$240,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,056.49

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,056.49 $1,139.50 $0.00 $7,195.99
Yearly $72,677.86 $13,674.00 $0.00 $86,351.86
Total $2,180,335.77 $410,220.00 $0.00 $2,590,555.77

Today's Rates

30 Year

6.48%

20 Year

6.26%

15 Year

5.94%

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Market insight data is pulled from the same city as the listing being viewed (Fort Lauderdale, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-02T05:56:59.000Z

© 2026 REALTOR Association of Greater Miami and the Beach