Interior
- Bathrooms
- 0
Active · MultiFamily
$1,349,990
751 NW 5th Street, Fort Lauderdale, FL 33311
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1960
- Lot size
- 10,125 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Land with income in an area ripe for redevelopment! Fully rented 2 story CBS 6 unit multifamily property centrally located in the rapidly changing Sistrunk neighborhood of Fort Lauderdale. Property consists of 6: 2 bed 1 bath units. All units currently rented bringing in $9800/m total. Sits on 10,125sq/ft lot zoned RMM-25. Lots of potential for redevelopment with income to cover carrying cost. See attachments for current rent roll. READ BROKER REMARKS.
Property location
Get Directions751 NW 5th Street, Fort Lauderdale, FL 33311
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Facts & features
Exterior & Structure
- Property type
- MultiFamily
- Year built
- 1960
- Lot size
- 10,125 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Broward
- MLS listing ID
- F10546525
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$2,642
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $6,400/mo
- Down payment
- $337,498
- Loan amount
- $1,012,493
- Annual NOI
- $45,090
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.