1014 NORTHWEST 5TH AVENUE

The Thomas Team of Marcus & Millichap is pleased to present 1014 Northwest 5th Avenue, a single story, (6)-unit apartment building located in Fort Lauderdale, Florida.

SUBJECT PROPERTY

1014 Northwest 5th Avenue was originally constructed in 19657 and is comprised of (one) single-story concrete block building with painted stucco exterior and shingle roof. The property offers approximately 3,894 square feet of total building area and sits on a 10,137-square-foot lot, according to the Broward County Property Appraiser. The unit mix includes (5) one-bedroom/one-bathroom units and (1) two-bedroom/two-bathroom unit. The property features on-site laundry, wall air conditioning units and paved asphalt parking. The property is zoned RD-15.

LOCATION

1014 Northwest 5th Avenue is located in Fort Lauderdale, Florida, offering residents convenient access to Sunrise Boulevard, Federal Highway (US-1), and Interstate 95. The surrounding 3-mile area reports an average household income of $100,332 and population growth of 8.54 percent since 2010. Residents are within walking distance to Dunkin’, Aldi, Wawa, and Progresso Village, with a short drive to Downtown Fort Lauderdale, beaches, the Broward County Convention Center, Port Everglades, and Fort Lauderdale-Hollywood International Airport.

Surrounding area retailers and points of interest include Dunkin’ (0.2 miles), Aldi & Wawa (0.3 miles), Walgreens Pharmacy (0.3 miles), Tesla (0.4 miles), Home Depot (0.6 miles), Amped Fitness (1.0 miles), Holiday Park (1.4 miles) and The Fresh Market (1.6 miles). Additionally, just a short drive from the property are Publix Super Market at Sunrise Boulevard (1.8 miles), Bank of America (1.8 miles), Truist Bank (1.9 miles), The Galleria (2.6 miles), Port Everglades (5.5 miles), and Fort Lauderdale-Hollywood International Airport (5.6 miles).

Nearby educational facilities include North Side Elementary School (0.4 miles), Fort Lauderdale High School (1.3 miles), Sunrise Middle School (1.9 miles), and Dillard 6-12 (2.1 miles).

SUMMARY

1014 Northwest 5th Avenue is being offered for sale at $990,000 or $165,000 per unit.