PROGRESSO

1432 NE 5th ave, Fort Lauderdale FL 33304

2,317 ft²

For Sale · Active Listing

$1,125,000

Est. Payment $5,988/mo

MLS Sheet Video

2,317

Sq. Ft.

1965

Year Built

1

Stories

35

Days on Market

Description

Exceptional value-add 4-unit multifamily opportunity located in one of Fort Lauderdale’s most desirable and high-demand rental pockets, just minutes from Wilton Manors, Flagler Village, Las Olas Boulevard, and Fort Lauderdale Beach. This prime location places you near Galleria Mall, Whole Foods, Publix, and popular dining and nightlife along Wilton Drive and Las Olas. Convenient access to I-95 and major roadways provides seamless connectivity throughout Broward County and into Miami. Strong rental demand driven by proximity to employment hubs, entertainment, and lifestyle amenities makes this an attractive asset for both long-term tenants and seasonal residents. Surrounded by ongoing development and consistent growth, the property offers significant upside through rental optimization and stabilization. Its central location and proximity to major destinations position it well for strong rental performance and long-term appreciation. Ideal for investors looking to reposition, increase cash flow, or hold a multifamily asset in one of South Florida’s most active rental markets. Short-term rental potential may be explored subject to local regulations

Facts

MLS#
A12017563
Subdivision
PROGRESSO
Property Type
Residential Income
Property Sub Type
Quadruplex
Year Built
1965
Lot Size
0 sqft
Sq. Ft.
2,317 ft²
Sq. Mt.
215 m²
Price per sq. ft.
$486/ft²
Price per sq. mt.
$5,233/m²
Stories
1
Garage
Pool
Days on Market
35 days
Listed
Apr 9, 2026
Last Updated
May 15, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Fort Lauderdale

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

38

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

4/9/2026Listed for sale$1,125,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1432 NE 5th ave, Fort Lauderdale FL 33304Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$7,075/mo

Principal & Interest

$5,988

Property Tax

$938

Insurance

$150

HOA

$0

20% ($225,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated within 24 hours

Similar listings nearby

More homes in Fort Lauderdale around $1,125,000.

Call NowWhatsApp