$1,090,000

1432 NE 5TH AVE, FORT LAUDERDALE, FL 33304

0 baths2,317 sq ft2 to 4 unitsBuilt 1965
Updated today, November 3, 2026

This home against Middle River Terrace

$470 per sq ft, 10% over the Middle River Terrace median
210 days on the market
Price cut $35,000 since it was listed at $1,125,000
$8,783 in property taxes (2025)

Middle River Terrace today: 32 homes for sale, median list price $655,000.

About this home

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.

Zoned schools

Elementary: North Side Elementary School
Middle: Sunrise Middle School
High: Fort Lauderdale High School

From Broward County Public Schools attendance zones.

Near this home

Park: Middle River Terrace Park, 0.3 mi
Beach: Fort Lauderdale Beach, 2.1 mi
Grocery: La Madame Supermarket, 0.3 mi

Distances from the center of Middle River Terrace, FORT LAUDERDALE.

Listing courtesy of LPT Realty, LLC. MLS# A12017563.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed April 7, 2026.

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