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1432 NE 5th AvenueFort Lauderdale, FL 33304

For Sale

$1,100,000

Smart Buyer Rebate $11,000

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

Listed by Hamza Zafar

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License #3626463

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LPT Realty, LLC

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561-702-4465

Listed by David Adam Kurz

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License #3122711

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LPT Realty, LLC

Last updated June 10, 2026

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Source: BeachesMLS #A12017563

Listing Facts

  • TypeMulti-family
  • NeighborhoodMiddle River Terrace
  • Days on Prevu68
  • Taxes$8,783/year
  • Size2,317 sqft
  • Price per sqft$475

Amenities

  • Private Outdoor Space
  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

06/09/2026
Price Decreased
$1,100,000
04/09/2026
Listed by LPT Realty, LLC
$1,125,000

Property Details for 1432 NE 5th Avenue

Association

General

  • Number Of Units In Community: 4

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Barrel
  • Stories Total: 1
  • Structure Type: Multi Family
  • Year Built: 1965
  • Construction Materials: Block
  • Exterior Features: Outdoor Living Area, Other

Features

  • Fencing: Fenced
  • Patio And Porch Features: Porch, Wrap Around

Measurements

  • Building Area Total: 6,762
  • Lot Size Dimensions: 6,762

Financial

Residential Income

  • Gross Income: $6,900.00

Taxes

  • Parcel Number: 494234020590
  • Tax Annual Amount: $8,783.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Tile

Measurements

  • Living Area: 2,317

Other

Location

  • Subdivision Name: PROGRESSO

Parking

Parking

  • Parking Total: 5

Schools

Elementary School

  • Elementary School: North Side

High School

  • High School: Fort Lauderdale

Middle or Junior School

  • Middle Or Junior School: Sunrise

Utilities

Equipment

  • Cooling: Central Air, Wall Window Units
  • Has Cooling: Yes
  • Heating: Central, Separate Meters, Wall Furnace
  • Has Heating: Yes
  • Sewer: PublicSewer
  • Utilities: Cable Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1432 NE 5th Avenue.

What schools are nearby to 1432 NE 5th Avenue?

Nearby schools include the North Side Elementary School, Sunrise Middle School, and Fort Lauderdale High School.

Does this multi-family home have parking?

Yes, there are 5 parking spaces available for 1432 NE 5th Avenue.

What are the annual taxes for 1432 NE 5th Avenue?

Annual taxes for this multi-family home are estimated at $8,783.

How does 1432 NE 5th Avenue compare to other multi-family homes in Middle River Terrace?

This multi-family home is listed 13% below the average price for multi-family homes in Middle River Terrace and has been on the market for 19 less days than the typical home in this area.

What building or home owners association is the multi-family home part of?

This multi-family home is in the PROGRESSO building.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,317 sqft.

1432 NE 5th Avenue is a -bedroom multi-family home for sale in Fort Lauderdale FL 33304. Available on Prevu for 68 days at $1,100,000. This includes a recent price decrease of $25,000. This residence features 2,317 square feet of living space, located in Middle River Terrace. The median listing price for multi-family homes in this area is $657,000. Nearby schools include North Side Elementary School, Sunrise Middle School, and Fort Lauderdale High School. Additional amenities include private outdoor space, pets allowed, and parking. Browse more multi-family home listings in Fort Lauderdale.

Based on information from Beaches MLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.