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About This Home
This 3-bedroom, 4-bathroom multi-family at 1432 NE 5th ave in Fort Lauderdale, FL is listed for $1,100,000 ($475 per sqft). Built in 1965, the home offers 2,317 sqft of living space on a N/A lot.
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.
Key Features
- Built in 1965
- 5 parking spaces
Property Details
Monthly Cost Estimate
$5,883/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1432 NE 5th ave
Fort Lauderdale, FL 33304
Progresso
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 3-bedroom, 4-bathroom multi-family at 1432 NE 5th ave is listed at $1,100,000 ($475/sqft). The estimated monthly payment is $4,767 based on 20% down at 6.5% interest.
Key features include: Built in 1965, 5 parking spaces. Exterior Features: Fence, Other, Porch.
This property is listed by Hamza Zafar and can be reached at 5617024465 or hamzafar.realty@gmail.com.