Exceptional value-add 4-unit multifamily opportunity located in

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Home For Sale

1432 NE 5th Ave

Fort Lauderdale, Florida 33304

Broward County

Community: Progresso

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$1,125,000 5 br, 4.0 bath 2317 sq. ft. 0.000 acres

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.

Interior:
  • Bedrooms: 5
  • Baths: 4.0
  • Sq Ft: 2317
  • Year Built: 1965
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: Wall Furnace
  • Garage: Driveway
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: None, Other
  • Yard: 
  • Siding: Block
  • Roof: Barrel
  • Property Taxes: $8,783
  • MLS #: A11997864
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Contact Information:
Beach Home For Sale in Fort Lauderdale, Florida
Listing Agent: Hamza Zafar, LPT Realty LLC, 561-702-4465, 877-366-2213 Listing Site, Listing Status: Active
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.
Ad Number: 7631514
Viewed 20 times.
Updated: Apr 27, 2026

This property is a Home located at 1432 NE 5th Ave, Fort Lauderdale, Florida 33304, and is currently For Sale at $1,125,000. This Home has 5 bedrooms, 4.0 baths, 2317 sq ft.