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1507 NE 5th Avenue, Fort Lauderdale, FL 33304
Sold
265 Days on Market
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$849,000

Sold · January 5, 2026

1507 NE 5th Avenue

Fort Lauderdale, FL 33304

PROGRESSO

Explore the area: Fort Lauderdale homes for sale · Broward County real estate

What this home sold for

Sold price
$849,000
Vs. list price
5.7% under
Days on market
265
Price per sq ft
$301

This multi-family property in Progresso sold for $849,000 on January 5, 2026. That was 5.7% below its final list price of $899,999. It first came on the market at $949,998, so the price was adjusted before it sold. It spent 265 days on the market.

0
Bedrooms
0
Bathrooms
2,825
Living Sq Ft
1967
Year Built

Listing Snapshot

Sold Price
$849,000
Sold On
January 5, 2026
Days on Site
265 Days
Bedrooms
0
Total Baths
0
Living Area
2,825 sqft
Year Built
1967
Property Type
Multi-Family
MLS #
F10489456
Property Tax
$3,480 (2013)
Subdivision
PROGRESSO
County
Broward
Status
Sold

About This Property

CASH FLOW FOR SALE! Just outside Wilton Manors Four-plex in East Fort Lauderdale. Professionally Managed property w/stable long-term tenants. This has been a cash cow for the owner for years. Separate Electric Meters for each Unit- Insurance, water/sewer/trash, Laundry Room Electric & RE taxes=$22,000. Unit #1 $1800/mo. Lease ends 11/14/26|Unit #2 $1700/mo. Lease ends 1/31/26|Unit #3 $1600/mo. Lease ends 2/30/26|Unit #4 $1700/mo. Lease ends 2/28/26- Coin-op laundry on Site brings in Approx.. $150/month, Property total monthly cash flow =$6,950.00 or $83,400 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.

Virtual Tour

General Features

Property Type
Multi-Family
Status
Sold
Year Built
1967
Property Condition
Resale
Number of Stories
1
Living Sq Ft
2,825
Sewer
Public Sewer
Water Source
Public
Zoning
10 APART

Interior Features

Cooling
Electric
Heating
Electric
Flooring
Ceramic Tile / Tile

Exterior Features

Construction
Block
Roof
Composition / Shingle
Exterior Features
Balcony
Patio & Porch
Porch / Balcony
Lot Features
Less Than Quarter Acre

Community & HOA

HOA Includes
Sewer / Trash / Water
Utilities
Cable Available
Financing Terms
Cash / Conventional
Restrictions
Other Restrictions
MLS Area
3370

Progresso is a community in Fort Lauderdale, Broward County, Florida. Active listings are priced from $244,900 to $2,900,000. Homes were built between 1931 and 2027. Pure Equity lists homes in Progresso and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
187
Under Contract
22
Median List Price
$767,000
Median Sale Price (September)
$690,000
Median $/Sq Ft
$472
Avg Days on Market
98
View all 187 homes for sale in Progresso →
How do I schedule a tour of 1507 NE 5th Avenue, Fort Lauderdale, FL 33304?
Use the Tour button on this listing to request a showing of 1507 NE 5th Avenue, Fort Lauderdale, FL 33304. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 1507 NE 5th Avenue, Fort Lauderdale, FL 33304 still available?
1507 NE 5th Avenue, Fort Lauderdale, FL 33304 is currently listed as Sold, and has been on the market 265 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 1507 NE 5th Avenue, Fort Lauderdale, FL 33304?
With 20% down ($180,000) on the $899,999 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1507 NE 5th Avenue, Fort Lauderdale, FL 33304 is about $4,730/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 1507 NE 5th Avenue, Fort Lauderdale, FL 33304?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1507 NE 5th Avenue, Fort Lauderdale, FL 33304. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Can I negotiate the price of 1507 NE 5th Avenue, Fort Lauderdale, FL 33304?
Often, yes. The right offer on 1507 NE 5th Avenue, Fort Lauderdale, FL 33304 depends on how it's priced against comparable multi-family sales in Fort Lauderdale, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of E PRO Realty

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.

$849,000

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Listed by John A Kemper, E PRO Realty

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