$990,000
0 ba · 2,662 sqft
916 SW 8th Avenue # 4, Fort Lauderdale FL 33315
$1,090,000— Beds— Baths2,317 Sq. Ft.$470 / sq. ft.
1432 NE 5th ave, Fort Lauderdale FL 33304
Fort Lauderdale, FL 33304 · PROGRESSO
Status
Active
Type
Quadruplex
Year Built
1965
Days on Market
118
MLS #
A12017563
County
Broward County
Description of 1432 NE 5th ave, Fort Lauderdale FL 33304
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 for 1432 NE 5th ave, Fort Lauderdale FL 33304
- Flooring
- Tile
- Heating
- Central, Window/Wall
- Cooling
- Central Air, Wall/Window Unit(s)
- Architectural Style
- Attached
- Pool Private
- No
- Year Built Details
- Effective Year Built
Building Information for 1432 NE 5th ave, Fort Lauderdale FL 33304
- Building Name
- PROGRESSO
- Building Area Total
- 6762
- Building Area Units
- Square Feet
- Stories
- 1
- Stories Total
- 1
- Association
- No
Property Information for 1432 NE 5th ave, Fort Lauderdale FL 33304
- Lot Features
- Less Than 1/4 Acre Lot
- Lot Size Square Feet
- 0
- Waterfront
- No
- View
- No
- Construction Materials
- CBS Construction
- Roof
- Barrel Roof
- Exterior Features
- Other
- Sewer
- Public Sewer
- Water Source
- Municipal Water
- New Construction
- No
Public Records for 1432 NE 5th ave, Fort Lauderdale FL 33304
- Parcel Number
- 494234020590
- Tax Annual Amount
- $8,783
- Tax Year
- 2,025
- Tax Legal Description
- PROGRESSO 2-18 D LOT 21 BLK 56
- Zoning
- RM-15
- County Or Parish
- Broward County
Location
1432 NE 5th ave, Fort Lauderdale FL 33304 · More homes in Fort Lauderdale
Courtesy of LPT Realty, LLC
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More information about 1432 NE 5th ave, Fort Lauderdale FL 33304
1432 NE 5th ave is a multi-family home for sale in Fort Lauderdale, FL 33304. This property was listed for sale on April 9, 2026 by LPT Realty, LLC, it's currently listed at $1,090,000. This listing's school district is Broward County Public Schools. 1432 NE 5th ave is a 2,317 sqft multi-family home built in 1965.