1521 NW 5th Ave Fort Lauderdale, FL 33311 -- MLS# A12097790
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Property Description
Fully renovated inside and out, this legal two-family residential property is completely renovated and ready for its next chapter. An excellent opportunity for investors or buyers looking to occupy one unit and rent the other, with the flexibility to select tenants and establish new leases.
The property features bright interiors, neutral tile flooring, contemporary finishes, white shaker-style kitchen cabinetry, contrasting dark hardware, and subway-tile backsplash. Additional highlights include mini-split air conditioning, ceiling fans, indoor laundry, and a tiled walk-in shower with a glass panel and floating vanity. Generous gravel parking, spacious outdoor areas, and mature tropical greenery complete the setting.
Potential rent of $1, 900 per unit per month offers projected gross rental income of $3, 800 monthly or $45, 600 annually. Rental projections are estimates and are not guaranteed.
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.



















