1106 NE 5th ave, Fort Lauderdale FL 33304 | Broward County | A11685074
  • $1,199,999

Description

If you’re looking for a fantastic investment opportunity in a prime location, this property is for you! Presenting a well-maintained building with 5 legal units located in the sought-after Lake Ridge area of Fort Lauderdale. Rental Income:3 one-bedroom units rented at $1,800/m, 2 two-bedroom units rented at $2,400/m. All units currently leased on one-year leases. Recently replaced Roof in 2020. 40-Year Certification Passed and up-to-date. 6 electric meters and 1 water meter. Coin-operated washer and dryer. Each apartment has designated private parking. Perfectly situated just minutes away from Las Olas Blvd, Victoria Park, and Flagler Village. Proximity to numerous shopping, dining, and entertainment options, making it attractive to potential tenants.

Property Overview

This is a -bedroom, -bath home of about 3754 square feet at 1106 NE 5th ave, Fort Lauderdale FL 33304 (Fort Lauderdale 33304), listed at $1,199,999.

Monthly Costs, Stated Plainly

This home has no mandatory HOA (single-family / no association on record).

The tax of record is $13,674 (2023). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Broward rate near 2.1%: without homestead, about $25,200/yr (≈ $2,100/mo); with the homestead exemption on a primary residence, about $24,150/yr (≈ $2,012/mo). Confirm with the Broward Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price for 1106 NE 5th Ave is $1,199,999. While the MLS record does not specify the furnished status, fixtures and built-in appliances typically convey with the home — we’ll confirm specifics like window treatments or freestanding furniture during due diligence. Community amenities, if any, are separate from what conveys with the property itself. For precise details or to schedule a showing, contact Christopher Lazaro, Fort Lauderdale Real Estate Broker, directly.

Where exactly is it, and what should I know about the location?

This home at 1106 NE 5th Ave is in Fort Lauderdale 33304, positioned along the sought-after coastal corridor just minutes from the Intracoastal and beaches. The area blends residential tranquility with easy access to downtown’s dining and cultural hubs. For precise insights on how this location aligns with your priorities, call or text Christopher Lazaro, Fort Lauderdale Real Estate Broker, today.

What are the HOA / association fees, and what do they cover?

This home at 1106 NE 5th Ave has no mandatory HOA—it's a single-family property with no association on record, meaning the owner handles all utilities, landscaping, and exterior upkeep independently. While there are no recurring fees, the home remains subject to Fort Lauderdale's city ordinances covering zoning, noise, and property standards. For complete clarity on local regulations or to discuss comparable non-HOA homes, contact Christopher Lazaro, Fort Lauderdale Real Estate Broker, directly—he’ll ensure you’re fully informed.

What are the property taxes and homestead implications?

The current tax of record for 1106 NE 5th Ave is $13,674 (2023), but Florida reassesses upon sale. As an ESTIMATE ONLY — using a Broward rate near 2.1% — taxes at the $1,199,999 list price would be approximately $25,200/yr (≈ $2,100/mo) without homestead, or $24,150/yr (≈ $2,012/mo) with homestead, which lowers taxable value for primary residences only. These projections are not quotes; consult the Broward Property Appraiser and a tax professional for precise figures.

For a tailored breakdown, contact Christopher Lazaro, Fort Lauderdale Real Estate Broker, who can clarify exemptions and connect you with trusted local experts.

Is the home in a flood zone, and what does that mean?

Flood zones indicate a property's risk level for flooding, with FEMA categorizing areas as high-risk (like "A" or "V" zones) or moderate/low-risk ("B," "C," or "X" zones). FEMA's flood zone definitions clarify these terms, and you can View the FEMA flood map for this address to assess 1106 NE 5th Ave's specific designation. If the home falls in a high-risk zone, lenders typically mandate flood insurance—a key factor in your total ownership costs. For precise guidance, connect with Christopher Lazaro, Fort Lauderdale Real Estate Broker, who’ll help you navigate flood risks and insurance requirements.

Are pets allowed?

This is a single-family home at 1106 NE 5th Ave, so there's no condo or HOA board restricting pets—ownership or leasing terms determine the policy, within local ordinances. Documented service animals and emotional support animals (ESAs) are protected under federal law. For precise details on current pet allowances, contact Christopher Lazaro, Fort Lauderdale Real Estate Broker, directly.

How is the price set and is there room to negotiate?

The $1,199,999 list price reflects a tailored CMA for 1106 NE 5th Ave, weighing recent Fort Lauderdale comps and the home’s 3,754 sqft footprint. Broward’s broader market context shows single-family homes closing at 96% of original list, averaging 35 days to contract (MIAMI REALTORS®, May 2026). While this signals measured negotiability, your leverage hinges on hyperlocal dynamics—let’s review a fresh Fort Lauderdale-specific CMA together before drafting an offer. Connect directly with Christopher Lazaro, Fort Lauderdale Real Estate Broker, to verify the nuances and strategize.

What financing step do you recommend before touring?

Before touring 1106 NE 5th Ave, I strongly recommend securing a pre-approval from a Florida-licensed mortgage loan officer—this clarifies your budget and strengthens your position when you’re ready to act. Get pre-approved here to streamline the process. Once you’ve taken this step, reach out to Christopher Lazaro, Fort Lauderdale Real Estate Broker, to schedule a viewing or discuss next steps—he’ll ensure you’re fully prepared for this $1,199,999 property.

Have a question about this Fort Lauderdale listing?

Talk directly with Christopher Lazaro, your Fort Lauderdale real estate advisor. No pressure — real answers.

  • Address: 5th ave
  • City: Fort Lauderdale
  • Zip/Postal Code: 33304

Details

Updated on July 5, 2026 at 6:41 am
  • Property ID A11685074
  • Price $1,199,999
  • Property Size 3754 Sq Ft
  • Year Built 1980
  • Property Status Active, Residential Income

Additional details

  • Flooring Other
  • Cooling Central Air
  • Association Type None
  • Building PROGRESSO
  • Area Progresso
  • Annual Tax 13674
  • Association No
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront No
  • Subdivision PROGRESSO
  • Total Stories 1
  • Heating Other
  • Structure Type Quadruplex, Fourplex
  • Tax Year 2023
  • Construction CBS Construction
  • Building Area 3754
  • Year Built Details Resale
  • Flood Zone AE
  • New Construction No
  • Style Fourplex
  • Lot Size (Sq Ft) 0

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