1432 Ne 5th Ave, Fort Lauderdale, FL 33304
- $1,090,000
- 2,317
- SqFt
- List Price
- $1,090,000
- Price Change
- ▼ $10,000 1784091068
- MLS
- A12017563
- Complex Name
- Progresso
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 2,317
Property Description
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.
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Additional Information
- Days on Market
- 111
- Style
- Quadruplex, Fourplex
- Exterior Features
- Other
- #Parking Spaces
- 5
- Year Built
- 1965
- Development Name
- Progresso
- #Stories
- 1
- Construction Type
- CBS Construction
- Section
- 34
Mortgage Calculator
Listing Courtesy of LPT Realty, LLC, Contact: