1432 NE 5th Ave, Fort Lauderdale, FL 33304
Local realty services provided by:CENTURY 21 North East
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 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....
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Home facts
- Year built:1965
- Subdivision & Development:PROGRESSO
- Listing ID #:A12017563
- Updated:October 03, 2026 at 10:04 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.
- Lot Features:Flood Zone
- 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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