About This Home

This 3-bedroom, 0-bathroom multi-family at 1432 NE 5th ave in Fort Lauderdale, FL is listed for $1,090,000 ($470 per sqft). Built in 1965, the home offers 2,317 sqft of living space on a N/A lot.

Key Features

  • Built in 1965
  • 5 parking spaces

Property Details

1 story
4 full
5 spaces
1965

Amenities

A/C
Listing Description

Assumable mortgage at 6.1% interest. If the loan is assumed, the buyer's 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 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.

Monthly Cost Estimate

$5,830/mo

20% down · 6.5% · 30 years

Principal$788
Interest$4,723
Insurance$318

Estimates only. Actual payments may vary.

Location

1432 NE 5th ave

Fort Lauderdale, FL 33304

PROGRESSO

Features & Amenities

Exterior Features

FencePorch

Property Details

Flooring

Tile

Construction

CBS (Concrete Block Structure) Block

Outdoor Features

Porch

Heating

CentralWall Furnace

Cooling

Window Unit(s)Wall/Window Unit(s)Central Air

Questions & Answers

This 3-bedroom, 0-bathroom multi-family at 1432 NE 5th ave is listed at $1,090,000 ($470/sqft). The estimated monthly payment is $5,830 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1965, 5 parking spaces. Exterior Features: Fence, Porch.

This property is listed by Hamza Zafar.

HZ

Hamza Zafar

License 3626463

Agent at LPT Realty LLC

Listed by LPT Realty LLC · Broker phone: (877) 366-2213 · View on Broker Site · Broker website

MLS# A12017563· Source: Miami REALTORS®· 3 days on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1432 NE 5th ave, Fort Lauderdale, FL 33304

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