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1432 NE 5th Avenue, Fort Lauderdale, FL 33304
Active
167 Days on Market
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How this price compares

List price
$1,090,000
Price per sq ft
$470
Original price
$1,125,000
Days on market
167

This multi-family property in Progresso is listed at $1,090,000, or $470 per square foot. The asking price has come down 3.1% from its original $1,125,000. It has been on the market for 167 days.

0
Bedrooms
0
Bathrooms
2,317
Living Sq Ft
1965
Year Built

Estimated monthly payment

$5,728 /mo

Principal and interest only, based on $218,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$1,090,000
Days on Site
167 Days
Bedrooms
0
Total Baths
0
Living Area
2,317 sqft
Total Sq Ft
6,762 sqft
Year Built
1965
Property Type
Multi-Family
MLS #
A12017563
Property Tax
$8,783 (2025)
Subdivision
PROGRESSO
County
Broward
Status
Active

About This Property

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.

Virtual Tour

General Features

Property Type
Multi-Family
Status
Active
Year Built
1965
Number of Stories
1
Living Sq Ft
2,317
Total Sq Ft
6,762
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
RM-15

Interior Features

Cooling
Central Air / Wall Window Units
Heating
Central / Separate Meters / Wall Furnace
Flooring
Tile

Exterior Features

Construction
Block
Roof
Barrel
Exterior Features
Outdoor Living Area / Other
Patio & Porch
Porch / Wrap Around

Community & HOA

Utilities
Cable Available
Financing Terms
Assumable / Cash / Conventional / Other
MLS Area
3370

Schools

Elementary School
North Side
Middle School
Sunrise
High School
Fort Lauderdale

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
187
Under Contract
22
Median List Price
$767,000
Median Sale Price (September)
$690,000
Median $/Sq Ft
$472
Avg Days on Market
98
View all 187 homes for sale in Progresso →
How do I schedule a tour of 1432 NE 5th Avenue, Fort Lauderdale, FL 33304?
Use the Tour button on this listing to request a showing of 1432 NE 5th Avenue, Fort Lauderdale, FL 33304. 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 1432 NE 5th Avenue, Fort Lauderdale, FL 33304 still available?
1432 NE 5th Avenue, Fort Lauderdale, FL 33304 is currently listed as Active, and has been on the market 167 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 1432 NE 5th Avenue, Fort Lauderdale, FL 33304?
With 20% down ($218,000) on the $1,090,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1432 NE 5th Avenue, Fort Lauderdale, FL 33304 is about $5,728/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 1432 NE 5th Avenue, Fort Lauderdale, FL 33304?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1432 NE 5th Avenue, Fort Lauderdale, FL 33304. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 1432 NE 5th Avenue, Fort Lauderdale, FL 33304?
1432 NE 5th Avenue, Fort Lauderdale, FL 33304 is zoned for North Side (elementary), Sunrise (middle), Fort Lauderdale (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 1432 NE 5th Avenue, Fort Lauderdale, FL 33304?
Often, yes. The right offer on 1432 NE 5th Avenue, Fort Lauderdale, FL 33304 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 LPT Realty, LLC

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 June 23, 2026.

$1,090,000

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Listed by Hamza Zafar, LPT Realty, LLC

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