Prime investment opportunity. Perfect for investors or first-time buyers, this property offers a turnkey opportunity in one of the city's most sought-after locations, just minutes from Wilton Manors, Las Olas, and Fort Lauderdale Beach. Plenty of parking, front parking for 2 cars, back unit with a parking size that can fit 3 cars, or a boat and 2 cars. A 2/2 unit in the back and a 1/1 unit in the front. All impact windows, separate electrical meters. Airbnb potential. Separate spacious backyard for each unit, and a front fenced space in the front for common areas. This is a rare opportunity to secure a high-yield, appreciating asset in a thriving real estate market, and a long-term value
1538 NE 5th Ave, Fort Lauderdale, FL, 33304
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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