1432 Ne 5th Ave, Fort Lauderdale, FL 33304
- $1,090,000
- 2,317
- SqFt
- List Price
- $1,090,000
- Days on Market
- 117
- Price Change
- ▼ $10,000 1784091068
- MLS#
- A12017563
- Year Built
- 1965
- Living Area
- 2,317
- Building Name
- Progresso
Property Description
Mortgage is assumable. 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.
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Additional Information
- Taxes
- $8,783
- Community Features
- Progresso
- Property Description
- Quadruplex, Fourplex
- Zoning
- RM-15
- Heating
- Central, Window/Wall
- Air Conditioning
- Central Air, Wall/Window Unit(s)
- Exterior Construction
- CBS Construction
- Roof
- Barrel Roof
Listing Courtesy Of LPT Realty, LLC, Contact: