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$920,000
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Property Description
Real South Florida Investment Opportunity! Well-maintained fourplex offering strong cash flow, all units currently leased, with stable tenants. Generating approximately 52,000 in annual income with room for more with rental increases and coin laundry. Clean turnkey property that's in excellent addition to any investment portfolio. High desirable Ft. Lauderdale location close to shopping, beaches, and major highways. Start collecting income from day one....livin' the south Florida Dream-Palm trees swaying, ocean breeze blowing, and rent checks flowing.
Full Property Details
Full Property Details for 1417 NE 5th Ave
General
- Price: $920,000
- Taxes: $11,692 (2025)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A12042880
- Updated: 6/26/2026
- Added to Site: 17 day(s) ago
Rental Information
- Rent Includes: Trash Collection, Water
Interior
- Flooring: Ceramic Floor
Parking
- Total Spaces: 4
Location
- Area: Progresso
- County: Broward County
- Subdivision: PROGRESSO
- Building Name: PROGRESSO
Community
- Community Name: Progresso
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Window/Wall
Utilities
- Sewer: Public Sewer
Structural Information
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 2571
- Square Feet: 2,571
- Living Area: 2,571 Sq. Ft.
- Year Built: 1965
- Property Condition: Substantially Remodeled
Unit Information
- Units in Complex: 4
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: RM-15
Financial Considerations
- Price Per Sq. Ft.: $357.84
- Tax Amount: $11,692
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Copy Of Lease(S)
- Legal Description: PROGRESSO 2-18 D LOT 8 BLK 57
- Property ID: 494234020690
Listed by e-Wing Realty, Inc
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Schools
Schools serving 1417 NE 5th Ave
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
North Side Elementary School 120 Northeast 11th Street, Fort Lauderdale, FL 33304 | PK-5 | 0.5 mi |
Sunrise Middle School 1750 Northeast 14th Street, Fort Lauderdale, FL 33304 | 6-8 | 1.1 mi |
Fort Lauderdale High School 1600 Northeast 4th Avenue, Fort Lauderdale, FL 33305 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1417 NE 5th Ave
Date
Details
Price
Change
Source
6/24/2026
Listed
$920,000
234.55%
MLS
8/31/2004
Sold
$275,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1417 NE 5th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,692
11%
$473,510
-28%
2024
$10,521
—
$653,830
9%
2024
$10,521
5%
$600,450
4%
2023
$10,053
25%
$580,050
35%
2021
$8,056
-13%
$430,820
-23%
2022
$9,207
14%
$560,730
47%
2021
$8,056
18%
$381,430
57%
2019
$6,816
20%
$243,000
11%
2018
$5,672
8%
$217,950
-24%
2017
$5,253
5%
$285,020
10%
2016
$5,003
18%
$259,330
58%
2015
$4,233
7%
$163,760
10%
2014
$3,967
6%
$148,880
10%
2013
$3,748
—
$135,350
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1417 NE 5th Ave
1417 NE 5th Ave, Fort Lauderdale, FL 33304 (MLS# A12042880) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 1417 NE 5th Ave is currently listed for $920,000 and was received on June 24, 2026. Want to learn more about 1417 NE 5th Ave? Do you have questions about finding other Multi-Family real estate for sale in Fort Lauderdale? You can browse all Fort Lauderdale real estate or contact a Coldwell Banker agent to request more information.

