Middle River Terrace, 1432 NE 5th Ave #1-3

5
Beds
4
Baths
2,317
SqFt
Status
OFF MARKETExpired
Parking
No info
Size
2,317 SqFt (215 m2)
Price
$486/SqFt ($5,226/m2)
Type
House
Built
1965
MLS Number
A11997864
View
None,Other
On Site
153 Days
Updated
150 Days ago
Page Views
0
Exceptional value-add 4-unit multifamily opportunity located in one of Fort Lauderdale’s most desirable and high-demand rental pockets, just minutes from Wilton Manors, Flagler Village, Las Olas Boulevard, and Fort Lauderdale Beach. This prime location places you near Galleria Mall, Whole Foods, Publix, and popular dining and nightlife along Wilton Drive and Las Olas. Convenient access to I-95 and major roadways provides seamless connectivity throughout Broward County and into Miami. Strong rental demand driven by proximity to employment hubs, entertainment, and lifestyle amenities makes this an attractive asset for both long-term tenants and seasonal residents. Surrounded by ongoing development and consistent growth, the property offers significant upside through rental optimization and stabilization. Its central location and proximity to major destinations position it well for strong rental performance and long-term appreciation. Ideal for investors looking to reposition, increase cash flow, or hold a multifamily asset in one of South Florida’s most active rental markets. Short-term rental potential may be explored subject to local regulations.

Features

Bedrooms
  • Bedrooms: 5
Bathrooms
  • Bathrooms: 4
Exterior and Lot Features
  • Exterior Features: Fence,Other,Porch
  • View: None,Other
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, FirstFloorEntry, MainLevelPrimary
  • Equipment / Appliances: Dryer, Dishwasher, IceMaker, Microwave, Refrigerator
  • Heating Description: WallFurnace
  • Cooling Description: WallWindowUnits
Building and Construction
  • Floor Description: Tile
  • Year Built: 1965
  • Year Built Description: Effective Year Built
  • Style: Other
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
  • Elementary School: North Side
  • Middle School: Sunrise
  • Senior High School: Fort Lauderdale
Other Property Info
  • Garage: No info
  • Listing Date: 2026-04-11T16:50:56.000-00:00
  • Directions: East
Taxes, Fees & More
  • Taxes: 8783
  • Parking Description: Driveway

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Price History

Date
Event
Price
Change
Price Per
04/09/2026
Listed
$1.1M
 
$486 ft2
$5,226 m2
04/09/2026
$1.1M
Event
Listed
Price Per
$486 ft2
$5,226 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Hamza ZafarLPT Realty, LLC • Buyer Agency Compensation .

Listing Location & Street View
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Scores

Walk Score®
Somewhat Walkable. Some errands can be accomplished on foot
59

100
Transit Score®
Some Transit. A few nearby public transportation options
36

100
Bike Score®
Bikeable. Some bike infrastructure
56

100
Sound Score®
Bearable noise
76

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
29

100
Local Score
Limited local amenities nearby
1

100
Community Snapshot
1 – 5 BR
Bedrooms
$179K – $1.8M
Price Tier
366 - 9,743
SqFt Range
1960
Year Build
1
Total Floors

Subdivision Amenities

Laundry
None
Parking
Pool

Fort Lauderdale
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Middle River Terrace Communities in Fort Lauderdale, FL