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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1224 NE 5th Ave , Fort Lauderdale, FL 33304
$549,000
Est. Payment: $3,008.64/mo
3 Bed
3 Bath
1368 Sqft
0.16 Acres
Status: active | Days on site: 2
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House Description

**INVESTOR SPECIAL - PRIME FORT LAUDERDALE LOCATION!** Great investment opportunity in desirable Middle River Terrace/Progresso! This 3-bedroom, 3-bathroom CBS single-family home is currently configured as a 2/2 main residence and a separate income-producing 1/1 efficiency, offering potential for two rental income streams. Property needs TLC but offers excellent investment potential. Recent permitted upgrades include 12 impact-resistant windows and 4 exterior impact doors. Situated on a 6,753 sq. ft. lot with a fully fenced backyard and double gates. Minutes from Wilton Manors, Downtown Fort Lauderdale, Las Olas, beaches, and major highways. Great opportunity for investors or buyers looking to add value!

Highlights

Listed by Mirlande Virgil , 407-698-0462 Virgil Signature Realty LLC , 407-698-0462. REALTOR Association of Greater Miami and the Beach

Property Type

Residential

Lot/Acreage
0.16

Year Built

1961

County

Broward

Area

3370

Neighborhood

Progresso

Listing ID

B26094072

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Appliances:Electric Range, Electric Water Heater, Disposal, Refrigerator
Air Cond:Wall/Window Unit(s)
Fireplaces:
Floor:Ceramic Tile
Other:
  • ▪ Additional:Bedroom on Main Level, First Floor Entry, Living/Dining Room, Main Living Area Entry Level, Split Bedrooms
Water:Public

Exterior Features

Lot:<1 Acre,< 1/4 Acre
Garage Capacity:4
Zoning:RMM-25
Roof:Composition,Shingle
Others:
  • ▪ Additional:Courtyard, Fence
Sewer:Public Sewer
Parking Features:Driveway,Two or More Spaces
Principal Interest
$3,009
Taxes
$1,402

Home Price

$549,000

Loan Details

30 yrs
7.292%

Down Payment

20%
$109,800
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:
$3,008.64

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,008.64 $1,401.50 $0.00 $4,410.14
Yearly $36,103.68 $16,818.00 $0.00 $52,921.68
Total $1,083,110.43 $504,540.00 $0.00 $1,587,650.43

Today's Rates

30 Year

7.29%

20 Year

6.92%

15 Year

6.5%

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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: 2026-10-31T13:09:01.000Z

© 2026 REALTOR Association of Greater Miami and the Beach