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1311 NW 5th Avenue, Fort Lauderdale, FL 33311 (MLS# F10110047)

1311 NW 5th Avenue, Fort Lauderdale, FL 33311

$325,000
Property Type: Residential Income Square Footage: 2,552 Status: Closed
Current Price: $325,000 List Date: 2/21/2018 Last Modified: 8/10/2026

Overview

Description

CASH FLOW FOR SALE! 8% RETURN AT LIST PRICE. ROOMY DUPLEX W/ TWO 3 BEDRM 2 BATH UNITS, LEASED AT $1375 & $1474/MO. BOTH UNITS HAVE CENTRAL A/C, TILE FLOORS THROUGHOUT, LAUNDRY ROOM W/ WASHER & DRYER. EACH UNIT HAS SEPARATE WATER & ELECTRIC METERS. ATTRACTIVE LANDSCAPING, HAS WELL AND SPRINKLER SYSTEM. NEW ROOF IN 2006. BOTH UNITS HAVE UPDATED KITCHENS. SOME IMPACT WINDOWS IN 1313. GROSS INCOME $34,200. TAXES $2849; INSURANCE $2799; LAWN $720; WATER $1930. TOTAL EXPENSES $8298. NET INCOME $25,902

Listing Details MLS# F10110047

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
2552
Living Area Main
2480
Year Built
1969
Stories Total
Yes
Pool Private YN
No
LP/Assessed Value
1.78

Property Features

Documents Available: Deposit - Security Flooring: Ceramic Tile Property Condition: Resale Construction Materials: CBS Cooling: Central Air; Electric Heating: Central; Electric; Separate Meters Listing Terms: Conventional Possession: Negotiable Roof: Built-Up; Composition; Shingle Sewer: Public Sewer Sprinkler Description: Auto Sprinkler; Well Sprinkler Tax Information: Homestead Exemption Utilities: Cable Available Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Showing Service Unit 1 Appliances: Dryer; Range; Refrigerator; Washer Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking Unit 1 Rooms: Kitchen; Laundry Room Unit 2 Appliances: Dryer; Range; Refrigerator; Washer Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking Contingencies: None Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
325000

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
1311
Street Direction Prefix
NW
Street Name
5th
Street Suffix
Avenue
City Name
Fort Lauderdale
State Or Province
FL
Postal Code
33311
Postal Code +4
6051
Postal Zip
33311
Subdivision Name
Progresso 2-18 D
Development Name
PROGRESSO
Area
3390
Geographic Area
FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Parcel Number
494234025060
Zoning
RDS-15
Directions
Take Andrews Ave north of Sunrise Blvd to 13 Street. Go West to NW 5 Ave, turn right (north). Duplex is 4th building on left, between 2 single family homes. NO SIGN ON PROPERTY.

Financial Information

Tax Annual Amount
2968
Tax Year
2017
Tax Assessed/SOH Value
182110
Tax Legal Description
PROGRESSO 2-18 D LOT 9 BLK 76
Assessor Market Value
182110

Status Change Information

Major Change Timestamp
2018-04-24T00:40:24Z
Major Change Type
Status Change
Status Change Date
2018-04-24
Under Contract Date
2018-03-12
Close Date
2018-04-23
Close Price
325000
Buyer Financing
FHA

More Information

Co-Ownership

Property Management YN
No

Meter Information

Separate Electric Meters YN
Yes

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Net Operating Income
25902
Operating Expense
8298
Gross Scheduled Income
34200

Unit 1 Details

Actual Rent
1375
Baths Full
2
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
1240

Unit 1 Lease Description

Currently Leased YN
Yes

Unit 2 Details

Actual Rent
1465
Baths Full
2
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
1240

Unit 2 Lease Description

Currently Leased YN
Yes

Concessions

Seller Concessions
Yes
Seller Concessions Amount
9750

Price Calculations

Current Price To SqFt
131.05
Original List Price To Close Price
Yes

Section Details

Parcel Number MLX
5060

Originating Details

Originating System Key
470339476
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
FLL

Flooring

Ceramic Tile
Yes

Property Condition

Resale
Yes

Documents Available

Deposit - Security
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Heating

Central
Yes
Electric
Yes
Separate Meters
Yes

Sprinkler Description

Auto Sprinkler
Yes
Well Sprinkler
Yes

Construction Materials

CBS
Yes

Listing Terms

Conventional
Yes

Roof

Built-Up
Yes
Composition
Yes
Shingle
Yes

Water Source

Public
Yes

Cooling

Central Air
Yes
Electric
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes
Showing Service
Yes

Tax Information

Homestead Exemption
Yes

Contingencies

None
Yes

Unit 1 Appliances

Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes

Unit 1 Parking Features

Open Parking
Yes

Unit 1 Rooms

Kitchen
Yes
Laundry Room
Yes

Unit 2 Appliances

Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes

Unit 2 Parking Features

Open Parking
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes
IDX
Listing Office: Greater Broward Realty Inc
Last Updated: August - 10 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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