1325, 1329, 1333 NE 5th Terrace, Fort Lauderdale, FL 33304

This fully occupied 11 unit building is located in east Fort Lauderdale within an easy commute of everything the city has to offer. It consists of 3 separate buildings on a large lot of just under 1/2 an acre. There are 9 1/1s and two 2 bed units. There is some development in the area of new construction residential units with more slated in the future. The neighborhood is in demand due to the affordable rents and proximity to downtown, the airport, port and highways. Some units are fully renovated and most have had updates within the last 5 years. All 3 buildings have a new roof and there is impact windows and doors throughout. The property is fully fenced and gated for added security. There is the possibility of some cap ex to increase income.