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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Monica Cataluña, CCIM, ALC

Monica Cataluña, CCIM, ALC

+1(954) 812-1831
$1,100,000
Est. payment /mo
2,317 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,317 sqft

Price per Sqft $474

Subdivision Progresso

MLS Listing ID A12017563

Style Fourplex

HOA Y/N No

Year Built 1965

Annual Tax Amount $8,783

Tax Year 2025

Property Sub-Type Quadruplex

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.

Location

State FL

County Broward

Community Progresso

Area 3360

Interior

Heating Central, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Flooring Tile

Exterior

Exterior Feature Fence, Other, Porch

Pool None

Utilities Available Cable Available

Roof Type Barrel

Porch Open, Porch, Wrap Around

Total Parking Spaces 5

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Others

Tax ID 494234020590

Acceptable Financing Assumable, Cash, Conventional, Other

Listing Terms Assumable, Cash, Conventional, Other

Special Listing Condition Listed As-Is

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12017563


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

Nearby Locations

Monica Cataluña, CCIM, ALC

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL, 33331

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1432 NE 5th ave