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$1,125,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 12 days ago
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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 for 1432 NE 5th Ave

General

  • Price: $1,125,000
  • Taxes: $8,783 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A12017563
  • Updated: 5/14/2026
  • Added to Site: 48 day(s) ago

Rental Information

  • Rent Includes: Gardener, Sewer, Trash Collection, Water

Interior

  • Flooring: Tile

Exterior

  • Exterior Features: Other
  • Deck/Patio: Open Porch, Wrap Around

Parking

  • Total Spaces: 5

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: Central Air, Wall/Window Unit(s)
  • Heating Type: Central, Window/Wall

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Attached
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Construction: CBS Construction
  • Roof: Barrel Roof
  • Stories/Levels: 1
  • Building Size: 6762
  • Square Feet: 2,317
  • Living Area: 2,317 Sq. Ft.
  • Year Built: 1965

Unit Information

  • Units in Complex: 4

Lot Features

  • 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: 2025
  • Terms: All Cash, Assumable, Conventional

Disclosures and Reports

  • Documents Avail.: Deposit - Security, Copy Of Lease(S), Rent Rolls
  • Legal Description: PROGRESSO 2-18 D LOT 21 BLK 56
  • Property ID: 494234020590

Listed by LPT Realty, LLC

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Listing agents

— 1432 NE 5th Ave —

  • LPT Realty, LLC

  • LPT Realty, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1432 NE 5th Ave

School District:Broward County School District
NameGradesDistance
North Side Elementary School
120 Northeast 11th Street, Fort Lauderdale, FL 33304
PK-50.6 mi
Sunrise Middle School
1750 Northeast 14th Street, Fort Lauderdale, FL 33304
6-81 mi
Fort Lauderdale High School
1600 Northeast 4th Avenue, Fort Lauderdale, FL 33305
9-120.3 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/09/2026
Listed
$1,125,000
12.5%
MLS
2/05/2026
Sold
$1,000,000
—
Public Record
Get Price Alerts and Save Property
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 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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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Listed by LPT Realty, LLC

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1432 NE 5th Ave, Fort Lauderdale, FL 33304 (MLS# A12017563) is a Multi-Family property with units containing 0 bedrooms and 0 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 Multi-Family real estate for sale in Middle River Terrace? You can browse all Middle River Terrace real estate or contact a Coldwell Banker agent to request more information.

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