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1432 5th ave, Fort Lauderdale, FL
Offering:
For Sale
Location:
Fort Lauderdale, FL 33304
Subdivision:
PROGRESSO
Status:
Active
$1,090,000
Deemed reliable but not guaranteed.
Details
Year built:
1965
Levels:
One
Stories:
1
Parking:
5 spaces
Style:
Fourplex
Days on market:
96
Annual tax (2025):
$8,783
Type:
Quadruplex
MLS ID
A12017563
Virtual tour:
Listed by:
LPT Realty, LLC (LPTR01)
Listing office phone:
877-366-2213
Listing office email:
Listing agent:
Hamza Zafar (3626463)
Features
Utilities
Available:
Cable Available
Water source:
Public
Sewer:
Public Sewer
Description
Mortgage is assumable. 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.
Price history
$1,125,000 → $1,090,000
·
Reduced by
$35,000 (3.1%) · 3 price changes
Location
1432 NE 5th aveFort Lauderdale, FL 33304
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MLS information
Last updated Jul 14, 2026
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
