$919,900
*Accepting Offers*
SHOWING SOON CALL FOR RSVP!
**BEST PRICE MULTI-FAMILY PER DOOR AT $183,980, CURRENT 1/1's RENTS UP TO $2,700**
ONLY 5 UNIT MULTI-FAMILY WITHIN THE 1/2 MILE RADIUS!
or
5 UNIT MULTI-FAMILY
Property Use:
Use Code: 08 / MULTIFAMILY 2-9 UNITS
Land Use: Multifamily 2-9 Units (08)
Zoning: RMM-25
Lot Size: 0.155 acres / 6,750 sf
Living area: 1,936 SF
Built: 1973
2024 taxes: (Paid)
$10,348.07
2025 taxes: (Paid)
$11,077.50
~ BUY AND HOLD OR FIX AND HOLD ~
Located in "PROGRESSO" Subdivision
Unit 1: 1/1 - rented for $1,749, increasing soon to $1,925 (Section 8)Lease ends May 31, 2026
Unit 2: 1/1 - rented for $1,749, increasing soon to $1,925 (Section 8)Lease ends February 28, 2026
Unit 3: 1/1 - rented for $1,749, increasing soon to $1,925 (Section 8)Lease ends May 31, 2026
Unit 4: Studio - Vacant
Unit 5: Studio - Rented for $1,599 (Cash)Lease ends August 31, 2026
Property Info:Seperate Electric meters Owner pays the water bill, approximately $140 per month.City SewerA/C window units Roof Exact age unknown, but in decent condition.No yard maintenance expenses.
“This property may qualify for accelerated depreciation benefits when purchased as an investment under current federal tax law. Cost Segregation details available upon request.”
5 UNIT MULTI-FAMILY
Property Use:
Use Code: 08 / MULTIFAMILY 2-9 UNITS
Land Use: Multifamily 2-9 Units (08)
Zoning: RMM-25
Lot Size: 0.155 acres / 6,750 sf
Living area: 1,936 SF
Built: 1973
2024 taxes: (Paid)
$10,348.07
2025 taxes: (Paid)
$11,077.50
~ BUY AND HOLD OR FIX AND HOLD ~
Located in "PROGRESSO" Subdivision
Unit 1: 1/1 - rented for $1,749, increasing soon to $1,925 (Section 8)
Lease ends May 31, 2026
Unit 2: 1/1 - rented for $1,749, increasing soon to $1,925 (Section 8)
Lease ends February 28, 2026
Unit 3: 1/1 - rented for $1,749, increasing soon to $1,925 (Section 8)
Lease ends May 31, 2026
Unit 4: Studio - Vacant
Unit 5: Studio - Rented for $1,599 (Cash)
Lease ends August 31, 2026
Property Info:
Seperate Electric meters
Owner pays the water bill, approximately $140 per month.
City Sewer
A/C window units
Roof Exact age unknown, but in decent condition.
No yard maintenance expenses.
“This property may qualify for accelerated depreciation benefits when purchased as an investment under current federal tax law. Cost Segregation details available upon request.”
Prime 5-unit multifamily in booming Progresso Village, just minutes from Flagler Village, the Brightline station, and the beach. room for additional upside through future rent increases or improvements. Interiors have been lightly updated.
Prime 5-unit multifamily in booming Progresso Village, just minutes from Flagler Village, the Brightline station, and the beach. room for additional upside through future rent increases or improvements. Interiors have been lightly updated.
📞Call Mr. Direct 2 Seller JC @ 954-477-1466 for showing📞
