Basic Information

  • Type Duplex / Quad Plex / Triplex
  • Status Active Under Contract
  • Subdivision/Complex Ft Lauderdale B-40 D
  • Year Built 1935
  • Total Sqft 1,568
  • Date Listed 01/07/2025
  • Days on Market 110
Description

PRIME TURNKEY INCOME PRODUCING property to add to your portfolio, offering exceptional rental income & future development potential. Located in the desirable Tarpon River neighborhood, just steps from the New River, Las Olas & in the heart of Fort Lauderdale, this property features 2 beautifully remodeled units. Each unit offers 2 bedrooms, 1 bathroom, in-unit laundry, & separate electrical meters. Lower unit includes a private backyard with a hot tub, while the upper unit is fully furnished & actively generating income through Short Term Rentals. Oversized 145' x 50' lot (7,250 sq ft) with RD-15 zoning, this property is ideal for future redevelopment. Recent improvements completed include new roof, water heaters, electrical systems, HVAC systems. NO HOA.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Frame, Wood Siding
  • Parking Description
  • Roof Description Composition, Shingle

Interior Features

  • Adjusted Sqft 1,568Sq.Ft
  • Cooling Description Central Air
  • Floor Description Laminate
  • Heating Description Central
  • Sqft 1,568 Sq.Ft

Property Features

  • Address 520 S W5th Ave
  • City Fort Lauderdale
  • Community Features Non Gated
  • Construction Materials Frame, Wood Siding
  • County Broward
  • Furnished Info No
  • Levels Two
  • Listing Terms Cash, Conventional, Other
  • Lot Description Sprinklers Automatic, Less Than Quarter Acre
  • Lot Features Sprinklers Automatic, Less Than Quarter Acre
  • Occupant Type Tenant
  • Pool Features None
  • Possession Close Of Escrow
  • Postal City Fort Lauderdale
  • Public Survey Section Two
  • Public Survey Township 5042
  • Roof Composition, Shingle
  • Sewer Description Public Sewer
  • Short Sale Regular Sale
  • Stories 2
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Ft Lauderdale B-40 D
  • Tax Amount $14,892
  • Tax Information F T L A U D E R D A L E B-40 D L O T6 B L K48
  • Tax Year 2024
  • Terms Considered Cash, Conventional, Other
  • Type of Property Duplex

520 SW 5th Ave

Fort Lauderdale, FL 33315

The multiple listing information is provided by the GREATER FORT LAURDERDALE REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present GREATER FORT LAURDERDALE 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: Gilvan Realty Corp.

Real Estate IDX Powered by: TREMGROUP