Property Description

Mortgage is assumable. 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.

Overview

At a glance

Property Type

Residential Income

Property Sub-Type

Quadruplex

Address

1432 NE 5th Avenue, Fort Lauderdale, FL 33304

Zoning

RM-15

MLS ID

A12017563

Listing Date

2026-04-09

Last Updated

6/9/2026, 11:34:08 PM

Days on Market

74

Subdivision

PROGRESSO