1432 NE 5th Avenue Fort Lauderdale, FL 33304
2,317 Sqft, Quadruplex
AGENT'S REMARKS ABOUT 1432 NE 5TH AVENUE
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 Lauderdales 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 Floridas most active rental markets. Short-term rental potential may be explored subject to local regulations.$1,090,000
| Living Area | 2,317 SqFt |
| Year Built | 1965 |
| Private Pool | No |
| Subdivision | PROGRESSO |
| MLS# | A12017563 |
| Listing Status | Active |
| Days on Market | 2026-04-09 |
Request Information
SHARE 
PROPERTY DETAILS
- Property Type: Quadruplex
- Approx Living Area: 2,317 SqFt
- Year Built: 1965
- Stories: 1
- Flooring: Tile
- Roof: Barrel
- Total Floors in Building: 1
- Construction: CBS
- Exterior Description: Other
- Cooling System: Central Air, Wall/Window Unit(s)
- Heating: Central, Window/Wall, Separate Meters
- Utility Information: Cable Available
- County: Broward
- Area: 3370
- Subdivision: PROGRESSO
- Annual Property Taxes: $8,783
- Elementary School: North Side
- Junior High School: Sunrise
- High School: Fort Lauderdale
VIDEO TOUR
MAP LOCATION FOR 1432 NE 5TH AVENUE FORT LAUDERDALE, FL 33304
SIMILAR LISTINGS NEAR 1432 NE 5TH AVENUE
Listing courtesy of LPT Realty, LLC 08.05.2026
If you are interested in this property at 1432 NE 5th Avenue or any other properties in Fort Lauderdale please contact The Rucco Group at (561) 737-0366.