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Active - Quadruplex for sale

1432 NE 5th ave, Fort Lauderdale FL 33304

2,317 sqft

Facts & features

Quadruplex Property type
219 days on Beycome
1965 Year built
$470 Price/Sqft.

Why you’ll love it

Assumable mortgage at 6.25% 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.

Translating description...

Listings courtesy of LPT Realty, LLC.

Listed by: Hamza Zafar • 561-702-4465 • LPT Realty, LLC

Co-listed by: David Kurz • 561-702-4465 • LPT Realty, LLC

Source: Miami MLS, MLS#: A12017563 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

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Affordability

$710,000$1,470,000
1%20%
0%90%
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Estimated monthly payment

$6,244/mo

  • Mortgage$5,512
  • Property tax$732
  • HOA fee
  • Homeowners insurance
Due at closing$866,550
Down payment held in escrow$218,000
Closing costs$16,350
beycome credit Est.$21,800

Beycome estimates only. Actual amounts and terms vary by lender and location.

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About Progresso

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 6 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$1,090,000 Listed price

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$21,800 Credit back

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