# 1432 NE 5th ave, Fort Lauderdale, FL 33304

> **TL;DR:** 3bd/0ba multi-family, $1,090,000 ($470/sqft), built 1965, 2,317 sqft.
> A/C. Est. $5,830/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,090,000 |
| Price/sqft | $470 |
| Bedrooms | 3 |
| Square Feet | 2,317 |
| Year Built | 1965 |
| Stories | 1 |
| Property Type | Multi-Family (Quadruplex) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $5,512 |
| Estimated Insurance | $318 |
| **Total** | **$5,830** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1965
- 5 parking spaces

## Description

### Agent Description
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.

## Location

- **Address:** 1432 NE 5th ave, Fort Lauderdale, FL 33304
- **County:** Broward
- **Neighborhood:** PROGRESSO
- **Coordinates:** 26.145272, -80.139458
- **Google Maps:** https://www.google.com/maps?q=26.145272,-80.139458

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/mia/A12017563

## Listing Agent

- **Name:** Hamza Zafar · **License:** 3626463
- **Brokerage:** LPT Realty LLC
- **Broker Phone:** (877) 366-2213
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1432-NE-5th-Ave-Apt-3_Fort-Lauderdale_FL_33304_M67283-03284?f=listhub&s=MAORFL&m=A12017563&c=propsimple)

## Photos

![1432 NE 5th ave - Photo 1](http://lh.rdcpix.com/c2c800f85d00523b4e514fa9cdc2f730l-f1378832364r.jpg)

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![1432 NE 5th ave - Photo 37](http://lh.rdcpix.com/c2c800f85d00523b4e514fa9cdc2f730l-f2794255776r.jpg)

![1432 NE 5th ave - Photo 38](http://lh.rdcpix.com/c2c800f85d00523b4e514fa9cdc2f730l-f4186746458r.jpg)

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![1432 NE 5th ave - Photo 43](http://lh.rdcpix.com/c2c800f85d00523b4e514fa9cdc2f730l-f957447651r.jpg)

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![1432 NE 5th ave - Photo 46](http://lh.rdcpix.com/c2c800f85d00523b4e514fa9cdc2f730l-f4232840956r.jpg)

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![1432 NE 5th ave - Photo 51](http://lh.rdcpix.com/c2c800f85d00523b4e514fa9cdc2f730l-f909054219r.jpg)

![1432 NE 5th ave - Photo 52](http://lh.rdcpix.com/c2c800f85d00523b4e514fa9cdc2f730l-f2486483566r.jpg)

![1432 NE 5th ave - Photo 53](http://lh.rdcpix.com/c2c800f85d00523b4e514fa9cdc2f730l-f3481165129r.jpg)

![1432 NE 5th ave - Photo 54](http://lh.rdcpix.com/c2c800f85d00523b4e514fa9cdc2f730l-f2471695090r.jpg)

---

**MLS#:** A12017563 | **Updated:** 2026-10-29
**Source:** listhub

*Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1432-ne-5th-ave-fort-lauderdale-fl-33304-b9745bf2c6c84d52aa927631752be2c2)

---

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