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.
For sale
Price cut: $10K (7/14)
$1,090,000
1432 Ne 5th Ave, Fort Lauderdale, FL 33304
3beds
4baths
2,317sqft
Quadruplex
Built in 1965
-- sqft lot
$-- Zestimate®
$470/sqft
$-- HOA
What's special
- 111 days
- 229
- 14
Zillow last checked:
Listing updated:
Listed by:
Hamza Zafar 561-702-4465,
LPT Realty, LLC,
David Kurz 786-299-2532,
LPT Realty, LLC
Source: MIAMI,MLS#: A12017563
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
Heating
- Central, Window/Wall
Cooling
- Central Air, Wall/Window Unit(s)
Features
- Flooring: Tile
Interior area
- Total structure area: 6,762
- Total interior livable area: 2,317 sqft
Video & virtual tour
Property
Parking
- Total spaces: 5
Features
- Stories: 1
- Patio & porch: Open Porch, Wrap Around
- Exterior features: Other
- Fencing: Fenced
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 494234020590
- Zoning: RM-15
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- CBS Construction
- Roof: Barrel Roof
Condition
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Subdivision: Progresso
HOA
- Has HOA: No
Location
- Region: Fort Lauderdale
Financial & listing details
- Price per square foot: $470/sqft
- Annual tax amount: $8,783
- Date on market: 4/9/2026
- Listing terms: All Cash,Assumable,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Price change | $1,090,000-0.9%$470/sqft |
Source: | ||
| 6/10/2026 | Price change | $1,100,000-2.2%$475/sqft |
Source: | ||
| 5/14/2026 | Listed for sale | $1,125,000$486/sqft |
Source: | ||
| 5/14/2026 | Listing removed | $1,125,000$486/sqft |
Source: | ||
| 4/11/2026 | Listed for sale | $1,125,000+2.3%$486/sqft |
Source: | ||
| 10/8/2025 | Listing removed | $1,100,000$475/sqft |
Source: | ||
| 9/20/2025 | Listed for sale | $1,100,000+177.9%$475/sqft |
Source: | ||
| 8/2/2018 | Sold | $395,888$171/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment









