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Fort Lauderdale Multifamily Investment Opportunity
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1432 Northeast 5th Avenue, Fort Lauderdale, FL 33304

Value-add four-unit multifamily property in a high-demand Fort Lauderdale location.

Property Size2,317 SF
Price / SF$0.42
Days on Market164

Property Features for 1432 Northeast 5th Avenue

General Information

Standard status Active
Size 2,317 SF
Property subtype Residential Income / Fourplex

Taxes and HOA fees

Annual Taxes $8,783

Building Details

Year Built 1965
Listing Agency: Skye Louis Realty Inc
Listed By: Desare Kohn-Laski · License #3187020
Source: Compass
Added: Mar 19 Changed: Aug 27 Last Checked: Aug 28 at 6:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Skye Louis Realty Inc

Investment Insights

Based on property information with market context.

This four-unit multifamily property is located in a desirable and high-demand rental area of Fort Lauderdale, placing it near Wilton Manors, Flagler Village, Las Olas Boulevard, and Fort Lauderdale Beach. The location provides convenient access to Galleria Mall, Whole Foods, Publix, and various dining and nightlife options along Wilton Drive and Las Olas. Its proximity to I-95 and other major roadways facilitates connectivity throughout Broward County and into Miami. The property benefits from strong rental demand due to its location near employment centers, entertainment venues, and lifestyle amenities, making it suitable for both long-term tenants and seasonal residents. The surrounding area is experiencing ongoing development and consistent growth, offering potential for rental optimization and stabilization. The property's central location and proximity to key destinations support strong rental performance and long-term appreciation. This property is suitable for investors seeking to reposition, increase cash flow, or hold a multifamily asset in the South Florida rental market. The property size is 6762 square feet. Short-term rental potential may be explored subject to local regulations.

Key Highlights

  • Prime location in a high‑demand Fort Lauderdale rental market
  • Value‑add opportunity with potential for rental optimization and increased cash flow
  • Proximity to Galleria Mall, Whole Foods, Publix, and popular dining/nightlife on Wilton Drive and Las Olas

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Daycare Center Tanning Salon Fish Market Arcade & Gaming Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,326
Businesses Nearby

Demographics for 33304, FL

19,978
Population
12,367
Households
1.6
Avg Household Size
46
Median Age
51%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,445
Density / Sq Mi
$84,951
Median Household Income
$55,527
Median Earnings
$1,727
Median Rent
$556,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Value-add four-unit multifamily property in a high-demand Fort Lauderdale location.
Where is this quadplex located?
The property is located at 1432 Northeast 5th Avenue Fort Lauderdale, FL.
What are key features of this property?
This property features: Prime location in a high‑demand Fort Lauderdale rental market; Value‑add opportunity with potential for rental optimization and increased cash flow; Proximity to Galleria Mall, Whole Foods, Publix, and popular dining/nightlife on Wilton Drive and Las Olas
More about this property
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