Quadruplex in 1417 NE 5th Avenue, Fort Lauderdale, FL 33304 for sale with MLS# A12042880

Real South Florida Investment Opportunity! Well-maintained fourplex offering strong cash flow, all units currently leased, with stable tenants. Generating approximately 52,000 in annual income with room for more with rental increases and coin laundry. Clean turnkey property that's in excellent addition to any investment portfolio. High desirable Ft. Lauderdale location close to shopping, beaches, and major highways. Start collecting income from day one....livin' the south Florida Dream-Palm trees swaying, ocean breeze blowing, and rent checks flowing.

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1417 NE 5th Avenue, Fort Lauderdale, FL 33304

Price
Price:
$899,999.00
Original List Price:
$920,000.00
List Price per Sq Ft (Calculated, Approx.):
$350.05
Property Status and Type
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:
September 14, 2026 4:43 pm
Measures
Living Area:
2,571 Sqft
Built-Up Area:
2,571 Sqft
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Heating
Heating System:
Separate Meters, Window/wall
Construction
Year Built:
1965
Roof:
Shingle
Number of Units Total:
4
Levels:
Two
Construction Materials:
CBS
Flooring:
Ceramic Tile
Number of stories:
1
Structure Type:
Multi Family
Number of Units in the Community or Building:
4
Flood Zone Code:
AE
Property Condition:
Updated/remodeled
Taxes and Expenses
Tax Annual Amount:
$11,692.00
Tax Year:
2025
Property Tax Details:
Tax Reflects No Exemptions
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Community
Subdivision Name:
PROGRESSO
Senior Community:
No
Terms
Documents Available:
Copy Of Lease(s)
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
PROGRESSO 2-18 D LOT 8 BLK 57
Real Estate Folio Number (Parcel Number):
494234020690
Zoning:
RM-15
Public Schools Assigned
Elementary School:
Benoist Farms
High School:
Fort Lauderdale
Middle Or Junior School:
Sunrise
Listing History
Active on the market since:
June 24, 2026
Listing Agreement executed on:
June 24, 2026
Price change occurred on:
September 14, 2026 4:43 pm
Listing Status Last Changed On:
June 24, 2026 4:00 am
Photos updated on:
September 14, 2026 3:49 pm
Last Modified:
September 14, 2026 3:49 pm
Additional Information
Courtesy of:
e-Wing Realty, Inc
Attribution:
Not provided
Location
Street Name:
5th
Street Number:
1417
City:
Fort Lauderdale
State:
Florida
Zip Code:
33304
County:
Broward
Latitude:
N26° 8' 40.9''
Longitude:
W81° 51' 36.1''
Street Suffix:
Avenue
Street Direction Prefix:
NE
Property Map

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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

Air Quality

Source: AirNow.gov · Broward County

🌬️ Air Quality Index (AQI) 31 Good
☀️ O3 31 Good
🫁 PM2.5 28 Good
💨 PM10 10 Good
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Association of REALTORS®
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