1432 NE 5th ave Fort Lauderdale FL 33304 | MLS #A12017563

1432 NE 5th ave
Fort Lauderdale, FL, 33304
$1,090,000
Beds
0 Baths
2,317 SqFt
0 Acres
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MLS #A12017563 image #0
Assumable mortgage at 6.1% interest. If the loan is assumed, the buyer’s closing costs are expected to be under $2,000. If closing costs exceed that amount, the seller is willing to cover the difference.

All units are tenant occupied, providing immediate income from day one. Seller is motivated and open to creative financing opportunities.

Exceptional 4-unit multifamily investment in Fort Lauderdale’s highly desirable Middle River Terrace neighborhood, minutes from Wilton Manors, Flagler Village, Las Olas Boulevard, Downtown Fort Lauderdale, and Fort Lauderdale Beach. Convenient access to I-95, Galleria Mall, Whole Foods, Publix, shopping, dining, nightlife, and major employment centers.

Strong rental demand, ongoing area redevelopment, and continued population growth make this an attractive opportunity for investors seeking stable cash flow and long-term appreciation. Significant upside exists through rental optimization and strategic management. Ideal for investors looking to expand their portfolio with a well-located multifamily asset in one of South Florida’s most active rental markets. Short-term rental potential may be explored subject to local regulations.

Property Details

Price:
$1,090,000
MLS #:
A12017563
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
PROGRESSO
Neighborhood:
progresso
Listed Date:
Apr 9, 2026
Finished Sq Ft:
2,317
Total Sq Ft:
6,762
Year Built:
1965
AttachedProgressoProgressoProgresso

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Schools

Interior

Cooling
Central Air, Wall/Window Unit(s)
Flooring
Tile
Heating
Central, Window/Wall

Exterior

Architectural Style
Attached
Construction Materials
CBS Construction
Exterior Features
Other
Fencing
Fenced
Lot Features
Less Than 1/4 Acre Lot
Parking Spots
5
Parking Total
5
Patio And Porch Features
Open Porch, Wrap Around
Roof
Barrel Roof
Stories
1

Financial

Tax Year
2025
Taxes
$8,783

Map

Community

Subdivisions in Fort Lauderdale

Market Summary

Current real estate data for Multi Family in Fort Lauderdale as of Oct 16, 2026
83
Multi Family Listed
127
Avg DOM
451
Avg $ / SqFt
$1,217,116
Avg List Price

Property Summary

    Located in the PROGRESSO subdivision, 1432 NE 5th ave Fort Lauderdale FL is a Multi Family for sale in Fort Lauderdale, FL, 33304. It is listed for $1,090,000 To schedule a showing of MLS#a12017563 at 1432 NE 5th ave in Fort Lauderdale, FL, contact your CENTURY 21 Carioti agent at 2392986550.

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1432 NE 5th ave
Fort Lauderdale, FL