$1,125,000 ($485.54 per sqft)

Est. Mortgage $5,541/mo *

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1432 NE 5th ave, Fort Lauderdale, FL, 33304

1432 NE 5th ave, Fort Lauderdale, FL, 33304

1965

Fourplex

2,317 sqft

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


Status:

Active

Type:

Multi-family

Zoning:

RM-15

Subdivision:

PROGRESSO

Heating:

Central, Wall Furnace

Cooling:

Central Air, Wall/Window Unit(s)

Parking:

5-car

Est. Taxes:

$8,783

Construction

Block

Utilities

Cable Available

Lot Description:

< 1/4 Acre

Days on Market:

35

Pool:

None

MLS #:

A12017563


Community Info

School Info

Walk Score

Yelp



Listing courtesy of LPT Realty 877-366-2213