1432 NE 5th Avenue, Fort Lauderdale, FL 33304
Listing Snapshot
| List Price | $1,100,000 |
| Price / Sq Ft | $475 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 2,317 sqft |
| Year Built | 1965 |
| Property Tax | $8,783/yr |
| MLS # | 1162509957 |
| Status | Active |
| Days on Market | 74 |
About This Home
Mortgage is assumable. 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.
General Features
- Property Type
- ResidentialIncome
- Sub-type
- Quadruplex
- Stories
- 1
- Parking Spaces
- 5
- Zoning
- RM-15
- Utilities
- CableAvailable
- Subdivision
- PROGRESSO
Interior Features
- Flooring
- Tile
- Heating
- Central,SeparateMeters,WallFurnace
- Cooling
- CentralAir,WallWindowUnits
Exterior Features
- Construction
- Block
- Exterior Features
- OutdoorLivingArea,Other
- Roof
- Barrel
- Patio / Porch
- Porch,WrapAround
- Fencing
- Fenced
- Pool
- No
- Waterfront
- No
Community Features
- MLS Area
- 3370
Schools
Map
Virtual Tour
View Virtual TourMLS# 1162509957 · BEACH
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Estimate Your Payment
20% down · Loan: $880,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.