1432 NE 5th Avenue, Fort Lauderdale, FL 33304

$1,090,000 · Active

  • 0 baths
  • 2,317 sq ft
  • 213 days on market
  • Quadruplex
  • Built 1965
  • 6,762 sq ft total
  • Broward County
  • MLS# A12017563
  • Progresso
Shared Patio at 1432 NE 5th Avenue, Fort LauderdalePhoto 2 at 1432 NE 5th Avenue, Fort LauderdalePhoto 3 at 1432 NE 5th Avenue, Fort LauderdaleUnit 1 front porch Private entrance at 1432 NE 5th Avenue, Fort LauderdaleUnit 1 front porch Private entrance at 1432 NE 5th Avenue, Fort LauderdalePhoto 6 at 1432 NE 5th Avenue, Fort LauderdalePhoto 7 at 1432 NE 5th Avenue, Fort LauderdalePhoto 8 at 1432 NE 5th Avenue, Fort Lauderdale

About this home

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.

Features

Schools

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

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

LPT Realty, LLC · flbrokers@lptrealty.com · Listing agent: Hamza Zafar

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Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 1432 NE 5th Avenue.

Before You Make an Offer

How to analyze a rental property

Selling a Rental or Small Multifamily Property?

Investors buying duplexes, triplexes and rented homes ask for the rent roll, the leases, the expenses and the condition, and several have told BreakThru Realty what they want to buy. If you own an income property, a broker can compare it with those requirements and explain how a sale with the tenants in place would work.

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Questions About 1432 NE 5th Avenue

How much is 1432 NE 5th Avenue?
1432 NE 5th Avenue is listed at $1,090,000, which is about $470 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 1432 NE 5th Avenue?
The listing reports annual property taxes of $8,783 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 1432 NE 5th Avenue built?
1432 NE 5th Avenue was built in 1965. 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 1432 NE 5th Avenue been on the market?
1432 NE 5th Avenue has been listed for 213 days, and the asking price has been reduced from $1,125,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 1432 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 1432 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 home at 1237 NE 14th Avenue, Fort Lauderdale, FL 33304 is comparable and listed for sale at $1,100,000. Another comparable home, 1145 NE 17th Way 1-2, Fort Lauderdale, FL 33304, sold for $850,000 in October 2026. Other Fort Lauderdale neighborhoods include Imperial Point and Melrose Park. 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.