Home in 1432 NE 5th Ave Fort Lauderdale for sale with MLS# A11997864

Exceptional value-add 4-unit multifamily opportunity located in one of Fort Lauderdale's most desirable and high-demand rental pockets, just minutes from Wilton Manors, Flagler Village, Las Olas Boulevard, and Fort Lauderdale Beach. This prime location places you near Galleria Mall, Whole Foods, Publix, and popular dining and nightlife along Wilton Drive and Las Olas. Convenient access to I-95 and major roadways provides seamless connectivity throughout Broward County and into Miami. Strong rental demand driven by proximity to employment hubs, entertainment, and lifestyle amenities makes this an attractive asset for both long-term tenants and seasonal residents. Surrounded by ongoing development and consistent growth, the property offers significant upside through rental optimization and stabilization. Its central location and proximity to major destinations position it well for strong rental performance and long-term appreciation. Ideal for investors looking to reposition, increase cash flow, or hold a 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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1432 NE 5th Ave, Fort Lauderdale, FL 33304

Price
Price:
$1,125,000.00
Original List Price:
$1,125,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Listed As Is
Listing Category:
Residential
Property Type:
Single Family House
MLS Number:
A11997864
Description of Last Important Update:
New Listing
Last Major Update on:
April 11, 2026 4:50 pm
Rooms Distribution
Bedrooms:
5
Bathrooms Total:
4
Full Bath:
4
Room Type:
Laundry, Storage Room, Utility Room
Measures
Living Area:
2,317 Sqft
Built-Up Area:
2,317 Sqft
Lot Area:
6,762 Sqft
Lot Size Unit:
Square Feet
Lot Features:
Less Than Quarter Acre
Property Features
View from the Property:
Other, None
Waterfront:
No
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Ice Maker
Interior:
First Floor Entry, Bedroom On Main Level, Main Level Primary
Exterior:
Fence, Porch, Other
Patio and Porch:
Open, Porch, Wrap Around
Laundry:
Washer Hookup, Dryer Hookup
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Heating
Heating System:
Wall Furnace
Property Entrance Faces:
East
Construction
Year Built:
1965
Year Built Details:
Effective Year Built
Roof:
Barrel
Architectural Style:
Other
Construction Materials:
Block
Flooring:
Tile
Road Frontage Type:
City Street
Taxes and Expenses
Tax Annual Amount:
$8,783.00
Tax Year:
2026
Property Tax Status:
Tax Reflects No Exemptions
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Driveway
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Subdivision Name:
PROGRESSO
Senior Community:
No
Restrictions:
No Restrictions, Okay to Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA, Assumable (The financing currently in place may be assumed), Other
Occupant Type:
Call Agent
Buyer Possession:
Close Of Escrow
Lease Considered
Zoning and Legal
Tax Legal Description:
PROGRESSO 2-18 D LOT 21 BLK 56
Real Estate Folio Number (Parcel Number):
494234020590
Zoning Description:
RM-15
Public Schools Assigned
Elementary School:
Panther Run
High School:
Fort Lauderdale
Middle Or Junior School:
Sunrise
Listing History
Originally published on:
April 11, 2026 4:50 pm
Active on the market since:
April 9, 2026
Price change occurred on:
April 9, 2026 9:53 am
Listing Status Last Changed On:
April 11, 2026 4:50 pm
Photos updated on:
April 14, 2026 6:26 pm
Last Modified:
April 14, 2026 6:26 pm
Additional Information
Housing Older Persons Act:
No HOPA
Flood Zone:
AE
Type of Association:
None
Rooms Description:
Storage Room, Utility Room/Laundry
Style:
R30-No Pool/No Water
Subdivision Number:
2
Courtesy of:
LPT Realty, LLC
Attribution:
Not provided
Location
Street Name:
5th Ave
Street Number:
1432
City:
Fort Lauderdale
State:
Florida
Zip Code:
33304
County:
Broward
Latitude:
N26° 8' 40.8''
Longitude:
W81° 51' 37.4''
Street Direction Prefix:
NE
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $84,951
Median Home Value $556,400
Median Rent $1,727/mo
Median Age 46
Population 18,566

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.