1224 NE 5TH Avenue, Fort Lauderdale, FL 33304 (MLS# B26094072)

1224 NE 5TH Avenue, Fort Lauderdale, FL 33304

New Listing
$549,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,644 Status: Active
Current Price: $549,000 List Date: 10/29/2026 Last Modified: 10/29/2026

Overview

Description

**INVESTOR SPECIAL - PRIME FORT LAUDERDALE LOCATION!** Great investment opportunity in desirable Middle River Terrace/Progresso! This 3-bedroom, 3-bathroom CBS single-family home is currently configured as a 2/2 main residence and a separate income-producing 1/1 efficiency, offering potential for two rental income streams. Property needs TLC but offers excellent investment potential. Recent permitted upgrades include 12 impact-resistant windows and 4 exterior impact doors. Situated on a 6,753 sq. ft. lot with a fully fenced backyard and double gates. Minutes from Wilton Manors, Downtown Fort Lauderdale, Las Olas, beaches, and major highways. Great opportunity for investors or buyers looking to add value!

Listing Details MLS# B26094072

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
3
Bathrooms Total
3
Bathrooms Full
3
Building Area Main
1644
Building Area Source
Appraiser
Living Area Main
1368
Living Area Source
Appraiser
Adjusted Area Main
1460
Accessibility Features YN
No
Year Built
1961
Parking Total
4
Gated Community YN
No
Lot Size Area
6753
Lot Size Acres
0.16
Senior Community YN
No
Guest House YN
No
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
West
Fireplace YN
No
Pool Private YN
No
Year Roof Installed
2018
LP/Assessed Value
1.67

Property Features

Dining Area: Dining/Living Room Electric: 200+ Amp Service Exterior Features: Courtyard Flooring: Ceramic Tile Leasing Permitted Details: Okay To Lease Parking Features: Driveway Property Condition: Resale Special Listing Conditions: Standard Appliances: Disposal; Electric Range; Refrigerator; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Wall/Window Unit(s) Fencing: Fenced Green Energy Efficient: Windows Heating: Window/Wall; Other Interior Features: Bedroom Layout - Split Laundry Features: None Levels: One Listing Terms: Cash; Conventional; FHA Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow Restrictions: No Restrictions Roof: Composition; Shingle Sewer: Public Sewer Special Information: Sold As-Is Structure Type: House Tax Information: No Homestead; Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Window Features: Storm Window(s) Showing Requirements: Call Listing Agent; Listing Agent Must Accompany; Lockbox; Schedule Online; Showing Service; Sign On Property; Text Listing Agent Outdoor Living Spaces: Porch Porch Details: Porch - Open Room Types: Convertible Bedroom; Family Room; Maid/In-Law Quarters Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
549000
Negotiable Seller Concessions YN
Yes
Occupant Type
Call Listing Agent
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
1224
Street Direction Prefix
NE
Street Name
5TH
Street Suffix
Avenue
City Name
Fort Lauderdale
Municipality Type
Incorporated
State Or Province
FL
Postal Code
33304
Postal Code +4
4908
Postal Zip
33304
Subdivision Name
PROGRESSO
Area
3370
Geographic Area
FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Elementary School
North Side
Middle Or Junior School
Sunrise
High School
Fort Lauderdale
Special Assessment YN
No
Parcel Number
494234032180
Subdivision Number
3
Zoning
RMM-25
Flood Zone
AE
Multiple Offers Accepted
Yes

Financial Information

Application Required YN
No
Master Association YN
No
Membership Fee Required YN
No
Tax Annual Amount
16818.61
Tax Year
2025
Tax Assessed/SOH Value
328920
Tax Legal Description
PROGRESSO 2-18 D LOT 38,39 BLK 114
Assessor Market Value
418540

Status Change Information

Major Change Timestamp
2026-10-29T16:37:05Z
Major Change Type
New Listing
Status Change Date
2026-10-29

More Information

Entry Information

Entry Level
Yes
Entry Location
First Floor Entry

Leasing Permitted Details

Leasing Permitted YN
Yes

Parking Information

Open Parking Spaces
4

Co-Ownership

Property Management YN
No

Main Level Rooms

Main Level Bathrooms
3
Main Level Bedrooms
3

Pet Details

Pet Fee YN
No

Storm Protection

Impact Glass
Complete

Price Calculations

Current Price To SqFt
401.31

Originating Details

Originating System Key
20261029125624513501000000
Originating System ID
M00000170

Room Information

Room Name
Convertible Bedroom
Family Room
Maid/In-Law Quarters
IDX
Listing Office: Virgil Signature Realty LLC
Source MLS Verified
Last Updated: October - 29 - 2026
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