Basic Information
- MLS # F10486705
- Type Commercial
- Year Built 1951
- Total Size 20,255 Sq.Ft / 0.46 Acre
- Date Listed 02/13/2025
- Days on Market 364
This income-producing property features eight units, each with separate water and electric meters. Five units are recently renovated, and three are in need of updating. The detached three-bedroom unit has a new kitchen and baths being installed for maximum rental potential- it also has new impact windows and doors being installed. A new roof was installed in 2020, and 7 of the 8 units are currently rented, providing steady income. Located within walking distance to Wilton Manors and Wilton Drive’s shops and restaurants, the property is also close to Las Olas, Flagler Village, and Victoria Park, making it highly desirable for tenants. Sale includes two side by side parcels of land that total half an acre. First Parcel holds a six plex and second parcel holds a duplex.
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description Common, Guest
Interior Features
- Adjusted Sqft 0.46 AcreSq.Ft
- Sqft 0.46 Acre Sq.Ft
Property Features
- Aprox. Lot Size 20,256
- Furnished Info No
- Lot Description City Lot, Residential Lot
- Short Sale Regular Sale
- Subdivision Complex
- Subdivision Info
- Tax Amount $15,611
- Tax Year 2024
1124 NE 5th
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Realty. tel: (954) 527-5900
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