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$1,125,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 1432 NE 5th Ave
General
- Price: $1,125,000
- Taxes: $8,783 (2026)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11997864
- Updated: 4/11/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: First Floor Entry, Storage, Utility Room/Laundry
- Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
- Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bath Shower, Primary Bedroom Ground Level
Other Rooms
- Living Room: Storage Room, Utility Room Sq. Ft.
- Laundry: Utility Room/Laundry, Washer/Dryer Hook-Up
Exterior
- Exterior Features: Other
- Deck/Patio: Open Porch, Wrap Around
Parking
- Parking Features: Additional Spaces Available, Driveway
Location
- Area: Progresso
- County: Broward County
- Subdivision: PROGRESSO
- Building Name: PROGRESSO
- Direction Faces: East
School Information
- Elementary School: North Side
- Middle School: Sunrise
- High School: Fort Lauderdale
Community
- Community Name: Progresso
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Window/Wall
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Attached, Other
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Barrel Roof
- Building Size: 2317
- Square Feet: 2,317
- Living Area: 2,317 Sq. Ft.
- Year Built: 1965
Lot Features
- Property View: None, Other
- Lot Size (Sq. Ft.): 6,762
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: RM-15
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $485.54
- Tax Amount: $8,783
- Tax Year: 2026
- Terms: All Cash, Conventional, FHA
Disclosures and Reports
- Legal Description: PROGRESSO 2-18 D LOT 21 BLK 56
- Restrictions: No Restrictions, Ok To Lease
- Property ID: 494234020590
Listed by LPT Realty, LLC
Get Pre-Approved Today
Schools
Schools serving 1432 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 | 0.6 mi |
Sunrise Middle School 1750 Northeast 14th Street, Fort Lauderdale, FL 33304 | 6-8 | 1 mi |
Fort Lauderdale High School 1600 Northeast 4th Avenue, Fort Lauderdale, FL 33305 | 9-12 | 0.3 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 1432 NE 5th Ave
Date
Details
Price
Change
Source
4/09/2026
Listed
$1,125,000
12.5%
MLS
2/05/2026
Sold
$1,000,000
—
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 1432 NE 5th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,783
6%
$400,160
-3%
2024
$8,268
—
$414,640
2%
2024
$8,268
6%
$405,950
12%
2023
$7,789
12%
$363,630
12%
2021
$6,930
-5%
$324,270
-8%
2022
$7,302
5%
$353,150
-1%
2021
$6,930
-4%
$356,200
-6%
2019
$7,188
-1%
$377,490
7%
2018
$7,270
9%
$352,910
10%
2017
$6,695
65%
$320,830
58%
2016
$4,058
15%
$202,640
43%
2015
$3,523
7%
$141,500
10%
2014
$3,305
6%
$128,640
10%
2013
$3,123
—
$116,950
—
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 1432 NE 5th Ave
1432 NE 5th Ave, Fort Lauderdale, FL 33304 (MLS# A11997864) is a Single Family property with 5 bedrooms and 4 full bathrooms. 1432 NE 5th Ave is currently listed for $1,125,000 and was received on April 09, 2026. Want to learn more about 1432 NE 5th Ave? Do you have questions about finding other Single 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.

