
Property photos —
MIAMI REALTORS® MLS1432 NE 5th Avenue, Fort Lauderdale, FL 33304
- Beds
- —
- Baths
- 0
- Sqft
- 2,317
- Home type
- Quadruplex
- Year built
- 1965
- Lot size
- —
- Price / sqft
- $470
- HOA
- $0/mo
- Community
- PROGRESSO
Property description
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.
Listing activity
- Days on market
- 205
- Listed
- Apr 9, 2026
- MLS listing updated
- Oct 31, 2026
- Feed last checked
- 3 minutes ago
Listed by Hamza Zafar · LPT Realty, LLC
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms
- 0
- Bathrooms (decimal)
- 0
Rooms & features
- Flooring
- Tile
Heating & cooling
- Heating
- Separate Meters, Central, Window/Wall
- Cooling
- Central Air, Wall/Window Unit(s)
Property
Exterior
- Stories
- 1
- Building area
- 6,762 sqft
- Patio & porch
- Porch, Porch - Wrap Around, Porch - Open
- Exterior features
- Other
- Fencing
- Fenced
- Pool
- No
- Waterfront property
- No
Lot
- Lot dimensions
- 6,762
- Zoning
- RM-15
Construction
Type & style
- Home type
- Quadruplex
- Structure type
- Multi Family
- Year built
- 1965
Materials
- Construction
- CBS
- Roof
- Barrel
Utilities & green energy
Utilities
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Available
Community & HOA
Community
- Subdivision
- PROGRESSO
- MLS area
- 3370
- MLS subarea
- FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Association
- Has association
- No
- Estimated monthly dues
- $0
Lease details
Not reported by the listing source.
Location
Area details
- City
- Fort Lauderdale
- County
- Broward
- ZIP code
- 33304
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- A12017563
- Possession
- Close Of Escrow
- Original list price
- $1,125,000
- Parcel number
- 494234020590
- Annual property tax
- $8,783
- Tax year
- 2025
- Tax legal description
- PROGRESSO 2-18 D LOT 21 BLK 56
Additional MLS details
Reported by the listing source
- Association
- No
- Bathrooms Total Decimal
- 0
- Bathrooms Total Integer
- 0
- Building Area Total
- 6762
- Construction Materials
- CBS
- County Or Parish
- Broward
- Days On Market
- 205
- Elementary School
- North Side
- High School
- Fort Lauderdale
- List Price
- 1090000
- Listing Contract Date
- 2026-04-09
- Living Area
- 2317
- Lot Size Dimensions
- 6,762
- MLSArea Major
- 3370
- MLSArea Minor
- FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
- Middle Or Junior School
- Sunrise
- Mls Status
- Active
- On Market Date
- 2026-04-09
- Patio And Porch Features
- Porch, Porch - Wrap Around, Porch - Open
- Photos Count
- 54
- Postal Code
- 33304
- Price Change Timestamp
- 2026-07-15T00:40:38Z
- Property Sub Type
- Quadruplex
- Property Type
- Residential Income
- Standard Status
- Active
- State Or Province
- FL
- Status Change Timestamp
- 2026-04-09T04:00:00Z
- Stories Total
- 1
- Subdivision Name
- PROGRESSO
- Water Source
- Public
- Tax Annual Amount
- 8783
- Pool Private
- No
- Waterfront
- No
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Apr 9, 2026 | ListedMIAMI REALTORS® MLS | $1,125,000$486/sqft |
| Jul 15, 2026 | Price reducedMIAMI REALTORS® MLS | $1,090,000$470/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $8,783 | — |
Payment calculator
- Principal & interest
- $5,656
- Property taxes
- $732
- Insurance
- $545
- Association dues
- $0
Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.
Neighborhood
Area
PROGRESSOFort Lauderdale · Broward County · 33304
Climate risk
—No licensed climate-risk source is connected.
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