1432 NE 5th Ave, Fort Lauderdale, FL 33304

Fort Lauderdale
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
1432 NE 5th Ave,Fort Lauderdale, FL 33304
$1,090,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,317 sq. ft.
  • Multi-family
  • Active
Listed by: hamza zafar, david kurz
Office: lpt realty, llc.877-366-2213
MLS#:A12017563
Source:SEFMLS

Price summary

  • Price:$1,090,000
  • Price per sq. ft.:$161.19

About this home

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...

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Home facts

  • Year built:1965
  • Subdivision & Development:PROGRESSO
  • Listing ID #:A12017563
  • Updated:September 28, 2026 at 09:51 AM

Rooms and interior

  • Flooring:Tile
  • Living area:2,317 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall/Window Units
  • Heating:Central, Wall Furnace
  • Central air:Yes

Structure and exterior

  • Roof:Barrel
  • Year built:1965
  • Building area:2,317 sq. ft.
  • Architectural Style:Fourplex
  • Construction Materials:Block
  • Exterior Features:Fence, Open, Porch, Wrap Around
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,090,000
  • Price per sq. ft.:$161.19
  • Tax amount:$8,783 (2025)

Parking

  • Total parking spaces:5
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