
$1,090,000
Apartment for Sale, 1432 NE 5th ave, Fort Lauderdale, Florida 33304
- MLS#A12017563
215 m² (2,317 ft²)
Listed By LPT Realty, LLC
The Apartment for Sale located at 1432 NE 5th ave, Fort Lauderdale, Florida 33304 is currently for sale.
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
1432 NE 5th ave, Fort Lauderdale, Florida 33304
Property features
Property
- Property size:
215 m² (2,317 ft²) - Features: Porch Open
Lot/Land
- Lot Description: Fenced
Construction
- Year built: 1965
- Roof type: Barrel
- Construction: Cbs Construction
Interior Features
- Floors: Tile
Heating and Cooling
- Heating System: Central
- Cooling System: Wall Or Window UnitsCentral AC
Utilities
- Other utilities: Public SewerMunicipal Water