Active
quadruplex
SALE
1432 Ne 5th Avenue, Fort Lauderdale, Florida 33304
Fort Lauderdale, FL 33304
$1,090,000
2,317 sqft
Property Details
MLS#
A12017563
Type
Quadruplex
Square Footage
2,317
Year Built
1965
Tax Amount
$8,783
Property 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.
Amenities
1 Stories
Built 1965
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central, Separate Meters, Wall Furnace
Other
Outdoor Living Area
Outdoor Living Area, Other
Payment Calculator
$0.00 per month
30 Year Fixed, 6.59% Interest
Principal & Interest
$0.00
Property Tax
$0.00
Mortgage Insurance
$0.00
HOA
$0.00
Home Owners Insurance
$0.00
Property Location
Listing Office:
LPT Realty, LLC
Listing Agent:
Hamza Zafar
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