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1432 NE 5th ave, Fort Lauderdale FL 33304

Multi-family For Sale
$1,125,000

BTC: 17.57812500

ETH: 644.32989691

20 days
0 room(s)
2,317 sqft

Overview

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

Location

Florida • Fort Lauderdale • 33304 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1965
Lot:
No Data
Heating:
Central / Window/Wall
Price/sqft:
$486
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$774,500
$526K – $1.1M
Confidence Low
List vs. estimate
$350K above estimate
List $1,125,000 · +45.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$485
+21.6% vs. city median $399
Based on
14 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,783
2025
Parking
5 spaces
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    • Window/Wall

    Cooling

    • Central Air

    • Wall/Window Unit(s)

  • Property

    • Exterior Features: Other

    Other Property Information

    • Parcel Number: 494234020590

    • Zoning: RM-15

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $8,783

  • Source details

    • MLS ID: A12017563

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Open Porch / Wrap Around

    • Architectural Style: Attached

    • Living Area: 2317

    • Water Source: Municipal Water

    • Subdivision Name: PROGRESSO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33304
210
median $896K
Active
Same city
Fort Lauderdale
1,041
median $675K
Active
Same type
Multi-family
79
median $985K
Active
Similar price
$787K – $1.5M
223
median $1.0M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LPT Realty, LLC