CASH FLOW FOR SALE! Four-plex in East Fort Lauderdale (Blocks from Wilton Manors). Professionally Managed property w/stable long-term tenants. This has been a cash cow for the owner for years. Insurance, electric, water, sewer, trash & RE taxes total $22,000. Unit #1 $1700/mo. Lease ends 11/14/25 Unit #2 $1700/mo. Lease ends 1/31/26 Unit #3 $1400/mo. Lease ends 11/30/25 Unit #4 $1700/mo. Lease ends 2/28/26 There is Coin-op laundry on Site that brings in Approx.. $150/month, Property total monthly cash flow =$6,650, or $78,000 per year. Please Do not walk the property–tenants are unaware for sale. *Showings ONLY available after an ACCEPTED OFFER* This is a strong income producing asset in high-demand rental market. Ideal for investors seeking steady returns w/minimal management hassle!
For sale
$924,998
1507 NE 5th Ave, Fort Lauderdale, FL 33304
7beds
5baths
2,825sqft
Est.:
Quadruplex
Built in 1967
-- sqft lot
$887,100 Zestimate®
$327/sqft
$-- HOA
What's special
- 112 days
- on Zillow |
- 174 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: May 13, 2025 at 08:19am
Listed by:
John Kemper 954-306-2829,
E PRO Realty,
Lee Goldman 754-224-7489,
E PRO Realty
Source: BeachesMLS ,MLS#: F10489456
Originating MLS: Beaches MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Heating
- Electric
Cooling
- Electric
Features
- Flooring: Ceramic Tile, Tile
Interior area
- Total interior livable area: 2,825 sqft
Video & virtual tour
Property
Parking
- Total spaces: 5
Features
- Stories: 1
Lot
- Size: 6,747.44 Square Feet
- Dimensions: 6749
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 494234017930
- Zoning: 10 APART
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Cbs Construction
- Roof: Composition
Condition
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Progresso
HOA
- Has HOA: No
Location
- Region: Fort Lauderdale
Financial & listing details
- Price per square foot: $327/sqft
- Tax assessed value: $136,380
- Annual tax amount: $3,480
- Date on market: 2/28/2025
- Listing terms: Cash,Conventional
- Total actual rent: 41040
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