HOMES BY DARCI
Southern Key Realty
1432 NE 5th Avenue Fort Lauderdale FL 33304
Price Reduction
Address
1432 Ne 5th Avenue, Fort Lauderdale, FL
Price
$ 1,100,000
Property Attributes
- MLS#A12017563
- TypeSingle Family
- Listing Status Active
- CountyBroward
- CityFort Lauderdale
- Area3370
- NeighborhoodPROGRESSO
- Zip33304
- Style
- Year Built1965
- Taxes$ 8783
- Price$ 1,100,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2317
Data Source:
Beaches MLS (FL)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| North Side Elementary School | Sunrise Middle School | Fort Lauderdale High School |
| Price History | |
|---|---|
| 6/9/2026 | Listed $1,125,000 |
| 6/9/2026 | 2$1,100,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | Central,SeparateMeters,WallFurnace |
| Cooling | CentralAir,WallWindowUnits |
| Utilities | CableAvailable |
| Possession | CloseOfEscrow |
| Roof | Barrel |
| Patio/Porch Features | Porch,WrapAround |
| Construction Materials | Block |
| Year Built | 1965 |
| Property Subtype | Quadruplex |
| Tax Year | 2025 |
| Gross Income | 6900 |
| County | Broward |
| Property Type | ResidentialIncome |
| Subdivision Name | PROGRESSO |
| Status | Active |
| High School | Fort Lauderdale |
| City | Fort Lauderdale |
| Number Of Units Total | 4 |
| MLS Area | 3370 |
| Elementary School | North Side |
| Tax Annual Amount | 8783 |
| Middle/Junior High School | Sunrise |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A12017563 |
| Standard Status | Active |
| Property Sub Type Additional | Quadruplex |
| PostalCity | Fort Lauderdale |
| Legal Description | PROGRESSO 2-18 D LOT 21 BLK 56 |
Interior Features
| Flooring | Tile |
|---|---|
| Total Stories | 1 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
Exterior Features
| Exterior Amenities | OutdoorLivingArea,Other |
|---|---|
| Fencing | Fenced |
| Water Source | Public |
| Total Parking | 5 |
| Building Area Total | 6762 |
| Lot Dimensions | 6,762 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33304
Price
Taxes
Year Built
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