1432 Ne 5th Avenue, Fort Lauderdale, FL

$1,090,000

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2,317

Square feet

About 1432 Ne 5th Avenue

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.

Features of 1432 Ne 5th Avenue

MLS® # A12017563
Price $1,090,000
Square Footage 2,317
Year Built 1965
Type Residential Income
Sub-Type Quadruplex
Status Active

Community Information

Address 1432 Ne 5th Avenue
Area 3370
Subdivision PROGRESSO
City Fort Lauderdale
County Broward
State FL
Zip Code 33304

Amenities

Utilities Cable Available
Is Waterfront No
Has Pool No

Interior

Heating Central, Window/Wall, Separate Meters
Cooling Central Air, Wall/Window Unit(s)
# of Stories 1

Exterior

Exterior Features Other
Roof Barrel
Construction CBS

School Information

Elementary North Side
Middle Sunrise
High Fort Lauderdale

Additional Information

Date Listed April 9th, 2026
Days on Market 164
Zoning RM-15
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeLPT Realty, LLC

Listing Map

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