Progresso
$725,000
1628 NW 5th Ave, Lauderhill, FL 33311
1,647 sqft
Building Size
2
Units
Details:
Highlights:
- Lot Features: Regular Lot
- Documents Available: Copy Of Lease(S), Rent Rolls
- Architectural Style: Detached
- Cooling: Central Air
- Heating: Central
- Flooring: Tile
- Construction Materials: Concrete Block Construction
Description:
Income-producing duplex located in a high-demand Fort Lauderdale area. This detached multifamily property features two units: a 3-bedroom/2-bath unit and a 1-bedroom/1-bath unit. Current total rental income is $5,800 per month.
The 3/2 unit is rented at $4,000 per month on a month-to-month basis, while the 1/1 unit is rented at $1,800 per month with a lease in place through March 1, 2026. Recent capital improvements include a new roof (2024) and impact windows throughout. Both units offer private yards, adding tenant appeal and functionality.
Property is zoned multifamily and located in a strong rental market with consistent tenant demand. Ideal opportunity for investors seeking steady income with long-term upside in an established Fort Lauderdale neighborhood.
For more information contact Melissa (305) 725-3435 or Bryan (305) 457-5107
Location
Gallery