Quadruplex in 1432 NE 5th Avenue, Fort Lauderdale, FL 33304 for sale with MLS# A12017563
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.
1432 NE 5th Avenue, Fort Lauderdale, FL 33304
- Price:
- $1,090,000.00
- Original List Price:
- $1,125,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $470.43
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- July 15, 2026 12:40 am
- Living Area:
- 2,317 Sqft
- Built-Up Area:
- 6,762 Sqft
- Lot Size Dimensions and Info:
- 6,762
- Waterfront:
- No
- Exterior:
- Other
- Patio and Porch:
- Porch, Porch - Open, Porch - Wrap Around
- Air Conditioning
- Air Conditioning System:
- Central Air, Wall/window Unit(s)
- Heating
- Heating System:
- Central, Separate Meters, Window/wall
- Fence:
- Fenced
- Year Built:
- 1965
- Roof:
- Barrel
- Number of Units Total:
- 4
- Levels:
- Two
- Construction Materials:
- CBS
- Flooring:
- Tile
- Number of stories:
- 1
- Structure Type:
- Multi Family
- Number of Units in the Community or Building:
- 4
- Flood Zone Code:
- AE
- Tax Annual Amount:
- $8,783.00
- Tax Year:
- 2025
- Property Tax Details:
- Tax Reflects No Exemptions
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Water Source:
- Public
- Subdivision Name:
- PROGRESSO
- Senior Community:
- No
- Documents Available:
- Rent Rolls, Deposit - Security, Copy Of Lease(s)
- Listing Terms Considered by Seller:
- Cash, Conventional, Assumable (The financing currently in place may be assumed), Other
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- PROGRESSO 2-18 D LOT 21 BLK 56
- Real Estate Folio Number (Parcel Number):
- 494234020590
- Zoning:
- RM-15
- Elementary School:
- Miami Shores
- High School:
- Fort Lauderdale
- Middle Or Junior School:
- Sunrise
- Active on the market since:
- April 9, 2026
- Listing Agreement executed on:
- April 9, 2026
- Price change occurred on:
- July 15, 2026 12:40 am
- Listing Status Last Changed On:
- April 9, 2026 4:00 am
- Photos updated on:
- August 5, 2026 3:59 pm
- Last Modified:
- August 5, 2026 3:59 pm
- Courtesy of:
- LPT Realty, LLC
- Attribution:
- Not provided
- Street Name:
- 5th
- Street Number:
- 1432
- City:
- Fort Lauderdale
- State:
- Florida
- Zip Code:
- 33304
- County:
- Broward
- Latitude:
- N26° 8' 43''
- Longitude:
- W81° 51' 38''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- NE
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 1432 NE 5th Avenue, Fort Lauderdale, FL 33304
