Investor pays $610,000 for Fort Lauderdale apartments

Address: 623 NE Fifth Ave., Fort Lauderdale

Price: $610,000 or 61,000 per unit

Property type: Twelve-bedroom, 10-bath, 5,025-square-foot multifamily complex on a 10,125-square-foot lot in Fort Lauderdale’s Flagler Heights neighborhood. The two-story property was built in 1967.

Seller: Edward B. Contreras and Diana Contreras

Buyer: 623 NE 5 Ave LLC