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PROGRESSO FORT LAUDERDALE A12017563

1432 NE 5TH AVE, Fort Lauderdale, FL 33304


PROGRESSO 1432 NE 5TH AVE FORT LAUDERDALE



MLS#A12017563
Listing dateApril 9, 2026
Price$ 1 090 000 -3%
Square Footage2317 ft² (215m²)
Price Per Foot$ 470/ft² ($ 5 064/m²)
Taxes$ 8 783/Year
Year Built1965
Adress1432 NE 5TH AVE,
Fort Lauderdale, FL 33304
CountyBroward County

REMARKS:


PROGRESSO 1432 NE 5TH AVE FORT LAUDERDALE. Assumable mortgage at 6.1% interest. If the loan is assumed, the buyers 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 Lauderdales 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 Floridas most active rental markets. Short-term rental potential may be explored subject to local regulations.


If you are interested in buying property located at 1432 NE 5TH AVE, Fort Lauderdale, FL 33304, call us today!


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Sale price is $ 1 090 000 ($ 470/ft²).

FEATURES:


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1432 NE 5TH AVE, FORT LAUDERDALE, FL 33304 - LOCATION


Source: Southeast Florida MLS. Data updated -. Information is deemed reliable but not guaranteed. Copyright © 2012. The listing data on this page comes in part from the Internet Data Exchange (IDX), a collaboration between the following REALTOR(R) associations in the South Florida Multiple Listing Service (MLS)


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