1432 NE 5th Ave, Fort Lauderdale FL 33304 | Broward County | A11997864
- $1,125,000
- Single Family Residence
- 5
- 4
- 0
- 2317 Square Feet
- $1,125,000
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.
Address
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Address: 5th Ave
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City: Fort Lauderdale
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State/county: Broward County
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Zip/Postal Code: 33304
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Area: PROGRESSO
Details
Updated on April 15, 2026 at 2:34 am-
Property ID A11997864
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Price $1,125,000
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Property Size 2317 Square Feet
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Bedrooms 5
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Bathrooms 4
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Garage 0
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Year Built 1965
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Type Single Family Residence
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Property Status Residential
Additional details
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ArchitecturalStyle Attached, Other
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BathroomsFull 4
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BuildingAreaTotal 2317
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BuildingAreaUnits Square Feet
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BuildingName PROGRESSO
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CarportSpaces 0
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CommunityFeatures Public Road
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ConstructionMaterials CBS Construction
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ContractStatusChangeDate 2026-04-09
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Cooling Wall/Window Unit(s)
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CoveredSpaces 0
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DaysOnMarket 5
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DirectionFaces East
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ElementarySchool North Side
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ExpirationDate 2026-10-31
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Fencing Fenced
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Flooring Tile
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Heating Window/Wall
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HighSchool Fort Lauderdale
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InternetAddressDisplayYN 1
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InternetEntireListingDisplayYN 1
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LaundryFeatures Utility Room/Laundry, Washer/Dryer Hook-Up
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 561-702-4465
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ListingTerms All Cash, Conventional, FHA
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LotFeatures Less Than 1/4 Acre Lot
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LotSizeSquareFeet 6762
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MLSAreaMajor Progresso
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MajorChangeTimestamp April 11, 2026 at 08:50pm
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MajorChangeType New
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MiddleOrJuniorSchool Sunrise
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MlsStatus Active
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ModificationTimestamp April 14, 2026 at 06:00pm
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OnMarketDate 2026-04-09
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OriginalEntryTimestamp April 11, 2026 at 08:50pm
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OriginalListPrice 1125000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 494234020590
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ParkingFeatures Additional Spaces Available, Driveway
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PatioAndPorchFeatures Open Porch, Wrap Around
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PhotosChangeTimestamp April 14, 2026 at 06:05pm
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PhotosCount 54
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PostalCodePlus4 1060
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PriceChangeTimestamp April 9, 2026 at 01:53pm
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PublicSurveyRange 49
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PublicSurveySection 34
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PublicSurveyTownship 49
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Roof Barrel Roof
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RoomsTotal 0
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Sewer Public Sewer
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ShowingContactType Agent
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ShowingInstructions 24 Hour Notice, Call Listing Agent
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SourceSystemKey 452215821
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StateOrProvince FL
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StatusChangeTimestamp April 11, 2026 at 08:50pm
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StreetDirPrefix NE
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StreetName 5th Ave
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StreetNumber 1432
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StreetNumberNumeric 1432
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StructureType R30-No Pool/No Water, House
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SyndicationRemarks 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.
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TaxAnnualAmount 8783
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TaxLegalDescription PROGRESSO 2-18 D LOT 21 BLK 56
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TaxYear 2026
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View None, Other
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WaterSource Municipal Water
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YearBuiltDetails Effective Year Built
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Zoning RM-15
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