$950,000New
3,047 sqft
700 SW 16th Ave, Fort Lauderdale, FL 33312
RIVERSIDE NO 2
1432 NE 5th ave, Fort Lauderdale, FL 33304
$1,090,000— Beds— Baths2,317 Sq. Ft.$470 / sq. ft.
Fort Lauderdale, FL 33304 · PROGRESSO
Status
Active
Type
Quadruplex
Year Built
1965
Days on Market
203
MLS #
A12017563
County
Broward County
Listing Remarks — 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.
Inside the Residence: 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 & Association Facts — 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
Site, Views & Construction — 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
Tax & Parcel Record — 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
On the Map
1432 NE 5th ave, Fort Lauderdale, FL 33304 · More homes in Fort Lauderdale
Courtesy of LPT Realty, LLC
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Quick Facts: 1432 NE 5th ave, Fort Lauderdale, FL 33304
Listing summary: multi-family home for sale at 1432 NE 5th ave, Fort Lauderdale, FL 33304. It came to market on April 9, 2026 through LPT Realty, LLC. Public schools here fall under Broward County Public Schools. Layout: 2,317 sqft, in a structure dating to 1965.