1432 NE 5th ave, Fort Lauderdale FL 33304 | Broward County | A12017563
  • $1,100,000

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.

Property Overview

This is a -bedroom, -bath home of about 2317 square feet at 1432 NE 5th ave, Fort Lauderdale FL 33304 (Fort Lauderdale 33304), listed at $1,100,000.

Monthly Costs, Stated Plainly

This home has no mandatory HOA (single-family / no association on record).

The tax of record is $8,783 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Broward rate near 2.1%: without homestead, about $23,100/yr (≈ $1,925/mo); with the homestead exemption on a primary residence, about $22,050/yr (≈ $1,838/mo). Confirm with the Broward Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price for 1432 NE 5th Ave is $1,100,000. While the MLS does not specify furnished status, fixtures and built-in appliances (like ovens or lighting) typically convey with the home—always confirm specifics before closing. Community amenities, if any, would be shared through the HOA and not part of the home itself. For precise details on what’s included or to discuss this Fort Lauderdale property further, contact Christopher Lazaro, Fort Lauderdale Real Estate Expert, directly.

Where exactly is it, and what should I know about the location?

1432 NE 5th Ave is situated in Fort Lauderdale’s 33304 zip code, a sought-after coastal corridor just minutes from the Intracoastal Waterway and vibrant downtown. The property offers easy access to major thoroughfares like US-1 and I-95, blending convenience with proximity to beaches, dining, and cultural hubs. For precise insights on this $1,100,000 listing’s location advantages, connect with Christopher Lazaro, Fort Lauderdale Real Estate Expert, to discuss your priorities.

What are the HOA / association fees, and what do they cover?

This charming single-family home at 1432 NE 5th Ave has no mandatory HOA—meaning no association fees or restrictive covenants. As the owner, you’d manage all utilities, landscaping, and exterior upkeep independently, offering full autonomy. Note that the property remains subject to Fort Lauderdale’s city ordinances for zoning and maintenance standards. For personalized clarity on local regulations or ownership responsibilities, connect with Christopher Lazaro, Fort Lauderdale Real Estate Expert, today.

What are the property taxes and homestead implications?

Property taxes for 1432 NE 5th Ave are currently recorded at $8,783 (2025), but Florida reassesses upon sale. As an estimate only, at the $1,100,000 list price and Broward’s approximate 2.1% rate: without homestead, expect around $23,100/yr (≈ $1,925/mo); with Florida’s homestead exemption—which reduces taxable value only for primary residences—the estimate drops to about $22,050/yr (≈ $1,838/mo). Always confirm with the Broward Property Appraiser and a tax professional, as these are estimates, not quotes. For precise guidance, connect with Christopher Lazaro, Fort Lauderdale Real Estate Expert, to navigate your options.

Is the home in a flood zone, and what does that mean?

Flood zones indicate a property's risk level for flooding, with FEMA classifying areas as high-risk (like Zone A or V) or moderate/low-risk (like Zone X). FEMA's flood zone definitions detail these categories, and you can View the FEMA flood map for this address to confirm its designation. Lenders often mandate flood insurance in high-risk zones, so it's wise to consult Christopher Lazaro, Fort Lauderdale Real Estate Expert, to verify the specifics and discuss protective measures.

Are pets allowed?

This is a single-family home at 1432 NE 5th Ave, so there’s no condo or HOA board restricting pets—ownership (or a tenant’s lease) sets the policy, within local ordinances. Documented service animals and emotional support animals are protected under federal law. For precise details or lease terms, contact Christopher Lazaro, Fort Lauderdale Real Estate Expert, to confirm before proceeding.

How is the price set and is there room to negotiate?

The $1,100,000 list price reflects a tailored CMA for 1432 NE 5th Ave, weighing recent Fort Lauderdale comps and the home’s 2,317 sqft footprint. Broward’s broader market context shows single-family homes closing at 96% of original list (MIAMI REALTORS®, May 2026), averaging 35 days to contract—so while negotiation room exists, it’s strategic. Before drafting an offer, I’ll provide a hyperlocal CMA to pinpoint this property’s flex. Connect directly with Christopher Lazaro, Fort Lauderdale Real Estate Expert, to validate adjustments.

What financing step do you recommend before touring?

Before touring 1432 NE 5th Ave, I strongly recommend securing a pre-approval from a Florida Licensed Mortgage Loan Originator. This clarifies your budget and strengthens your position when you’re ready to make an offer on this $1,100,000 Fort Lauderdale home. For personalized guidance on financing or to verify details, reach out directly to Christopher Lazaro, Fort Lauderdale Real Estate Expert—he’ll ensure you’re fully prepared.

Have a question about this Fort Lauderdale listing?

Talk directly with Christopher Lazaro, your Fort Lauderdale real estate advisor. No pressure — real answers.

  • Address: 5th ave
  • City: Fort Lauderdale
  • Zip/Postal Code: 33304

Details

Updated on July 5, 2026 at 2:42 pm
  • Property ID A12017563
  • Price $1,100,000
  • Property Size 2317 Sq Ft
  • Year Built 1965
  • Property Status Active, Residential Income

Additional details

  • Flooring Tile
  • Cooling Central Air, Wall/Window Unit(s)
  • Association Type None
  • Building PROGRESSO
  • Area Progresso
  • Annual Tax 8783
  • Association No
  • Private Pool No
  • Listing Terms All Cash, Assumable, Conventional
  • Waterfront No
  • Subdivision PROGRESSO
  • Total Stories 1
  • Heating Central, Window/Wall
  • Structure Type Quadruplex, Fourplex
  • Tax Year 2025
  • Construction CBS Construction
  • Building Area 6762
  • Year Built Details Effective Year Built
  • Flood Zone AE
  • Patio / Porch Open Porch, Wrap Around
  • New Construction No
  • Style Fourplex
  • Lot Size (Sq Ft) 0

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