1420 NW 5th Avenue, Fort Lauderdale FL 33311

Discover a versatile South Florida property in the Progresso subdivision of Fort Lauderdale, located in Broward County. Built in 1950, this well-maintained residential single-family residence offers two homes on one huge 10,132-square-foot lot, creating an excellent opportunity for investors, extended families, or buyers seeking additional rental income.

The main house features 2 bedrooms and 2 bathrooms, while the separate guest house offers 1 bedroom and 1 bathroom. With approximately 1,615 square feet of living area, the property is designed in a classic ranch, one-story architectural style. The main home received a new roof in 2023, and both flat roofs have been coated for added longevity. Newer exterior paint, security lights, efficient doors, and improved ventilation add to the property’s appeal.

The oversized backyard provides plenty of room to relax, entertain, or create your own outdoor retreat. The guest house has a secluded backyard separate from the main residence. Both homes include washer hookups, and pets are welcome. Interior highlights include walk-in closets, storage space, and a dedicated storage room. The kitchen areas are equipped with an electric water heater, disposal, microwave, electric range, refrigerator, self-cleaning oven, and wall oven.

Parking is convenient with a detached garage offering 2 spaces, a driveway, 2 or more parking spaces, and access to off-site parking and a parking garage. The property is located west of US-1 and fronts a city street maintained by the city and county, with convenient access to the city and U.S. Highway. Cooling includes ceiling fans and wall/window units, while heating is electric with window/wall units and zoned controls. The property also offers an other water view.

Rental projections are approximately $2,800 per month for the main house and $1,600 for the guest house, making 1420 NW 5th Avenue, Fort Lauderdale FL 33311 a compelling investment opportunity. The Sunrise middle school area, nearby shopping, beaches, and major roads add everyday convenience.

Enjoy the South Florida lifestyle with warm weather, beautiful beaches, vibrant dining, shopping, nightlife, and easy access to Miami’s international airport, entertainment, and cultural attractions.

Call or text +1 786.468.4380 for more information or to schedule a showing. Tel/WhatsApp welcome.