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0 Baths
2,317 sqft

$1,090,000

1432 NE 5th Avenue, Fort Lauderdale FL, 33304

Price per sqft$470.44
Built in1965
Property size2,317 sqft
Property typeMulti-family

Overview

Active

Listed May 14, 2026

Updated 7 days ago

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.

$7,252/mo

Est. mortgage payment based on a $1,090,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$8,783
Tax Frequency
Annually

Listed with LPT Realty, LLC

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Data last updated 12:12 PM UTC, 9/23/2026

 

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