1116 NE 5th Ave, Fort Lauderdale, FL 33304

Welcome to a classic Fort Lauderdale home with significant potential! This single-family residence at 1116 NE 5th Ave, Fort Lauderdale, FL 33304, built in 1951, offers 2 bedrooms, 1 bathroom, and 1,120 sqft of living space. Priced at $475,000, with an estimated refinance payment of $3,640/mo, this property presents an attractive opportunity in a highly sought-after Fort Lauderdale neighborhood, known for its charm and proximity to major attractions.

This 1951-built home sits on a 6,752 sqft lot (approximately 0.155 acres) and is zoned for residential use (RES). Property records show it has 2 bedrooms and 1.5 bathrooms. It features Dade County Pine Wood on inside ceilings and some interior walls, which is a rare and termite-resistant material. The kitchen has been gutted, presenting an opportunity for a new owner to remodel to their taste. The property includes a Florida Room in the front and a large room with a half bath in the back, along with a shed in the large yard. It is noted as a “handyman special” with excellent potential for investors due to its easy rental potential. A recently replaced roof in 2020 and a passed 40-Year Certification (up-to-date) are positive features.