1432 NE 5th Ave, Fort Lauderdale, FL 33304
1432 NE 5th Ave, Fort Lauderdale, FL 33304
1432 NE 5th Ave, Fort Lauderdale, FL 33304
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$1,125,000
Est. payment /mo
5 Beds
4 Baths
2,317 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,317 sqft

Price per Sqft $485

Subdivision Progresso

MLS Listing ID A11997864

Style Other

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1965

Annual Tax Amount $8,783

Tax Year 2026

Lot Size 6,762 Sqft

Property Sub-Type Single Family Residence

Property Description

Exceptional value-add 4-unit multifamily opportunity located in one of Fort Lauderdale's most desirable and high-demand rental pockets, just minutes from Wilton Manors, Flagler Village, Las Olas Boulevard, and Fort Lauderdale Beach. This prime location places you near Galleria Mall, Whole Foods, Publix, and popular dining and nightlife along Wilton Drive and Las Olas.

Convenient access to I-95 and major roadways provides seamless connectivity throughout Broward County and into Miami. Strong rental demand driven by proximity to employment hubs, entertainment, and lifestyle amenities makes this an attractive asset for both long-term tenants and seasonal residents.

Surrounded by ongoing development and consistent growth, the property offers significant upside through rental optimization and stabilization. Its central location and proximity to major destinations position it well for strong rental performance and long-term appreciation.

Ideal for investors looking to reposition, increase cash flow, or hold a multifamily asset in one of South Florida's most active rental markets. Short-term rental potential may be explored subject to local regulations.

Location

State FL

County Broward

Community Progresso

Area 3360

Interior

Interior Features Bedroom on Main Level, First Floor Entry, Main Level Primary

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Tile

Appliance Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator

Laundry Washer Hookup, Dryer Hookup

Exterior

Exterior Feature Fence, Other, Porch

Pool None

View Y/N No

View None, Other

Roof Type Barrel

Porch Open, Porch, Wrap Around

Garage No

Private Pool No

Building

Lot Description < 1/4 Acre

Faces East

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Block

Schools

Elementary Schools North Side

Middle Schools Sunrise

High Schools Fort Lauderdale

Others

Senior Community No

Restrictions No Restrictions,OK To Lease

Tax ID 494234020590

Acceptable Financing Assumable, Cash, Conventional, FHA, Other

Listing Terms Assumable, Cash, Conventional, FHA, Other

Special Listing Condition Listed As-Is

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11997864


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by LPT Realty, LLC

NEARBY SCHOOLS & PROPERTIES

Libby Perez

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1432 NE 5th Ave