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.
Current real estate data for Multi Family in Fort Lauderdale as of Nov 08, 2026
179
Multi Family Listed
133
Avg DOM
446
Avg $ / SqFt
$1,160,725
Avg List Price
Listing Provided Courtesy of LPT Realty, LLC at 877-366-2213
Property Details
Price:
$1,090,000
MLS #:
A12017563
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
PROGRESSO
Neighborhood:
3370
Listed Date:
Apr 9, 2026
Finished Sq Ft:
2,317
Total Sq Ft:
6,762
Year Built:
1965
Units:
4
Schools
Elementary School:
North Side
Middle School:
Sunrise
High School:
Fort Lauderdale
Interior
Cooling
Central Air, Wall/Window Unit(s)
Flooring
Tile
Heating
Separate Meters, Central, Window/Wall
Exterior
Construction Materials
CBS
Exterior Features
Other
Fencing
Fenced
Patio And Porch Features
Porch, Porch – Wrap Around, Porch – Open
Roof
Barrel
Financial
Tax Year
2025
Taxes
$8,783
Map
Contact Us
Mortgage Calculator
Community
- Address1432 NE 5th Avenue Fort Lauderdale FL
- SubdivisionPROGRESSO
- CityFort Lauderdale
- CountyBroward
- Zip Code33304
Property Summary
- Located in the PROGRESSO subdivision, 1432 NE 5th Avenue Fort Lauderdale FL is a Multi Family for sale in Fort Lauderdale, FL, 33304. It is listed for $1,090,000 To schedule a showing of MLS#a12017563 at 1432 NE 5th Avenue in Fort Lauderdale, FL, contact your Trust House Realty agent at 9543362003.
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