1224 NE 5TH Avenue, Fort Lauderdale, FL 33304

$549,000 · Active

  • 3 beds
  • 3 baths
  • 1,368 sq ft
  • Single Family Residence
  • Built 1961
  • Lot 6,969.6 sq ft
  • 1,644 sq ft total
  • Broward County
  • MLS# B26094072
  • Progresso
Front of Structure at 1224 NE 5TH Avenue, Fort LauderdaleFront of Structure at 1224 NE 5TH Avenue, Fort LauderdaleBack of Structure at 1224 NE 5TH Avenue, Fort LauderdaleBack of Structure at 1224 NE 5TH Avenue, Fort LauderdaleUndetermined at 1224 NE 5TH Avenue, Fort LauderdaleLiving Room at 1224 NE 5TH Avenue, Fort LauderdaleUndetermined at 1224 NE 5TH Avenue, Fort LauderdaleUndetermined at 1224 NE 5TH Avenue, Fort Lauderdale

About this home

**INVESTOR SPECIAL - PRIME FORT LAUDERDALE LOCATION!** Great investment opportunity in desirable Middle River Terrace/Progresso! This 3-bedroom, 3-bathroom CBS single-family home is currently configured as a 2/2 main residence and a separate income-producing 1/1 efficiency, offering potential for two rental income streams. Property needs TLC but offers excellent investment potential. Recent permitted upgrades include 12 impact-resistant windows and 4 exterior impact doors. Situated on a 6,753 sq. ft. lot with a fully fenced backyard and double gates. Minutes from Wilton Manors, Downtown Fort Lauderdale, Las Olas, beaches, and major highways. Great opportunity for investors or buyers looking to add value!

Features

Schools

  • Elementary: North Side
  • Middle: Sunrise
  • High: Fort Lauderdale

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Virgil Signature Realty LLC · mirlande@virgilsignaturerealty.com · Listing agent: Mirlande Virgil

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Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 1224 NE 5TH Avenue.

Questions About 1224 NE 5TH Avenue

How much is 1224 NE 5TH Avenue?
1224 NE 5TH Avenue is listed at $549,000, which is about $401 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 1224 NE 5TH Avenue?
The listing reports annual property taxes of $16,819 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 1224 NE 5TH Avenue built?
1224 NE 5TH Avenue was built in 1961 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 1224 NE 5TH Avenue been on the market?
1224 NE 5TH Avenue has been listed for 2 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 1224 NE 5TH Avenue?
The MLS lists North Side (elementary), Sunrise (middle), Fort Lauderdale (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 1224 NE 5TH Avenue?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.

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The 3 bedroom home at 1029 NE 9th Avenue, Fort Lauderdale, FL 33304 is comparable and listed for sale at $595,000. Another comparable home, 1645 NE 16th Avenue, Fort Lauderdale, FL 33305, sold for $674,810 in October 2026. Other Fort Lauderdale neighborhoods include Idlewyld and Colee Hammock. Nearby ZIP codes include 33301 and 33305. This property also neighbors Lazy Lake, Wilton Manors, and Oakland Park. Compare it with the Fort Lauderdale housing market report.