$485,000
Sold · April 3, 2026
1221 NW 5th Avenue
Fort Lauderdale, FL 33311
Explore the area: Fort Lauderdale homes for sale · Broward County real estate
Sale Summary
What this home sold for
- Sold price
- $485,000
- Vs. list price
- 19.1% under
- Days on market
- 38
- Price per sq ft
- $274
This multi-family property in Progresso sold for $485,000 on April 3, 2026. That was 19.1% below its final list price of $599,700. It spent 38 days on the market.
Listing Snapshot
- Sold Price
- $485,000
- Sold On
- April 3, 2026
- Days on Site
- 38 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 1,770 sqft
- Total Sq Ft
- 1,770 sqft
- Year Built
- 1974
- Property Type
- Multi-Family
- MLS #
- A11950433
- Property Tax
- $5,000 (2025)
- Subdivision
- PROGRESSO
- County
- Broward
- Status
- Sold
About This Property
This rare prime investment opportunity offers a spacious duplex on a large expansive lot, featuring two generously sized units—each with 2 comfortable bedrooms and 2 full bathrooms—plus up to 8 dedicated parking spaces that provide a major advantage in high-demand areas, where one unit is already generating steady rental income while the second unit remains vacant, ready for immediate showings, your personal use, or renovations, allowing you to live in one side and rent the other or lease both for maximum cash flow, with plenty of additional land for future enhancements, outdoor enjoyment, or value-adding potential. Please text me
Virtual TourGeneral Features
- Property Type
- Multi-Family
- Status
- Sold
- Year Built
- 1974
- Property Condition
- Resale
- Number of Stories
- 1
- Living Sq Ft
- 1,770
- Total Sq Ft
- 1,770
- Structure Type
- Duplex
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- rds 15
Interior Features
- Cooling
- Central Air / Ceiling Fans
- Heating
- Central / Separate Meters
- Flooring
- Ceramic Tile
Exterior Features
- Construction
- Block
- Roof
- Other
- Exterior Features
- Outdoor Living Area
- Patio & Porch
- Patio
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Conventional / Exchange1031 / FHA
- MLS Area
- 3390
Schools
- Elementary School
- North Side
- Middle School
- Sunrise
- High School
- Dillard 6-12
About the Community
Progresso is a community in Fort Lauderdale, Broward County, Florida. Active listings are priced from $244,900 to $2,900,000. Homes were built between 1931 and 2027. Pure Equity lists homes in Progresso and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 191
- Under Contract
- 20
- Median List Price
- $767,000
- Median Sale Price (September)
- $640,000
- Median $/Sq Ft
- $472
- Avg Days on Market
- 98
Frequently Asked Questions
- How do I schedule a tour of 1221 NW 5th Avenue, Fort Lauderdale, FL 33311?
- Use the Tour button on this listing to request a showing of 1221 NW 5th Avenue, Fort Lauderdale, FL 33311. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1221 NW 5th Avenue, Fort Lauderdale, FL 33311 still available?
- 1221 NW 5th Avenue, Fort Lauderdale, FL 33311 is currently listed as Sold, and has been on the market 38 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1221 NW 5th Avenue, Fort Lauderdale, FL 33311?
- With 20% down ($119,940) on the $599,700 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1221 NW 5th Avenue, Fort Lauderdale, FL 33311 is about $3,152/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1221 NW 5th Avenue, Fort Lauderdale, FL 33311?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1221 NW 5th Avenue, Fort Lauderdale, FL 33311. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 1221 NW 5th Avenue, Fort Lauderdale, FL 33311?
- 1221 NW 5th Avenue, Fort Lauderdale, FL 33311 is zoned for North Side (elementary), Sunrise (middle), Dillard 6-12 (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1221 NW 5th Avenue, Fort Lauderdale, FL 33311?
- Often, yes. The right offer on 1221 NW 5th Avenue, Fort Lauderdale, FL 33311 depends on how it's priced against comparable multi-family sales in Fort Lauderdale, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Sky Avenue Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.
$485,000
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Listed by Eduardo J Calle, Sky Avenue Realty
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Recent Sales
Recently sold homes in Progresso
These are the last 6 recorded closings in Progresso, with the price each home actually sold for rather than what it was listed at. They closed at a median of $468 per square foot. The most recent closed on October 2, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$480,000
Sold · October 2, 2026
1223 NE 3rd Avenue 1-3
0 bed · 0 bath · 1,372 sqft · $350/sqft
$20,000 under the asking price
Sold$640,000
Sold · September 30, 2026
1519-1521 NW 8th Avenue
0 bed · 0 bath · 2,504 sqft · $256/sqft
$50,000 under the asking price
Sold$610,000
Sold · September 30, 2026
1432 NE 2ND Avenue
3 bed · 2 bath · 1,272 sqft · $480/sqft
$19,000 under the asking price
Sold$520,000
Sold · September 28, 2026
1625 NW 2nd Avenue
3 bed · 2 bath · 1,111 sqft · $468/sqft
$29,800 under the asking price
Sold$690,000
Sold · September 25, 2026
1436 NE 17TH Terrace
5 bed · 4 bath · 1,668 sqft · $414/sqft
$60,000 under the asking price
Sold$1,170,000
Sold · September 25, 2026
1424 NE 16TH Avenue
4 bed · 3 bath · 1,780 sqft · $657/sqft
$25,000 under the asking price
See every recorded sale in Progresso or find out what your Progresso home is worth.
