Rent report generated Dec 31, 2024
The Rent Potential of
1001 SE 5th Ct Fort Lauderdale, FL
is $4,600 – $12,000/mo.
Rent Advice
Located in the prestigious Rio Vista neighborhood of Fort Lauderdale, this 3-bedroom, 3-bathroom single-family home boasts impressive features like vaulted ceilings, a remodeled kitchen, and a heated pool. In the current market, the rental potential ranges from $4,600 to $12,000 monthly. Given the property's unique Italian villa style and prime location, a high-end rental could be quite appealing. The payback period would depend significantly on the rental price achieved. However, given the neighborhood's strong market trends, the potential for consistent rental demand is promising.
To enhance rental income potential, consider modernizing the interiors with energy-efficient appliances and smart home features. If selling is on the table, highlighting the property's unique architectural style and prime location could attract premium buyers. Additionally, exploring opportunities for short-term vacation rentals could leverage Fort Lauderdale’s vibrant tourism industry, potentially maximizing revenue.
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