Basic Information

  • Type Condominium
  • Status Active
  • Subdivision/Complex Progresso
  • Year Built 1958
  • Total Sqft 1,790
  • Date Listed 08/25/2026
  • Days on Market 59
Description

AMAZING RENTAL FOURPLEX INVESTMENT OPPORTUNITY ON THE EAST SIDE OF FORT LAUDERDALE. THIS OUTSTANDING PROPERTY HAS TWO (2) BUILDINGS. THE MAIN BUILDING HOUSES THREE (3) RENTAL UNITS CONSISTING OF A MODERN ONE (1) BEDROOM ON THE SECOND (2) FLOOR, AND TWO (2) STUDIOS ON THE FIRST FLOOR. THERE IS A MODERN ONE (1) BEDROOM COTTAGE, FULLY FENCED WITH PRIVATE FRONT PATIO AND LAWN ON THE PROPERTY. ROOF OF BOTH BUILDINGS APPROXIMATELY THREE (3) YEARS OLD. THIS IS AN ATTRACTIVE OPPORTUNITY FOR AN INVESTOR LOOKING FOR STABLE CASH FLOW AND LONG-TERM APPRECIATION. THE PROPERTY IS MINUTES FROM WILTON MANORS; LAS OLAS BLVD; DOWNTOWN FT LAUDERDALE AND FT LAUDERDALE BEACH WITH CONVENIENT ACCESS TO THE I-95,'SHOPPING, DINING AND NIGHTLIFE. IDEAL FOR INVESTORS LOOKING TO EXPAND THEIR PORTFOLIO.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • View Garden
  • Construction Type Frame, Stucco
  • Parking Description
  • Exterior Features Fence, Lighting, Other
  • Roof Description Composition, Shingle
  • Style Condominium

Interior Features

  • Adjusted Sqft 1,790Sq.Ft
  • Cooling Description Central Air, Ceiling Fans, Electric
  • Floor Description Concrete, Hardwood, Slate, Wood
  • Heating Description Central, Electric
  • Interior Features Main Living Area Upper Level
  • Sqft 1,790Sq.Ft

Property Features

  • Address 1329 NE 5th Ave
  • Aprox. Lot Size 10,123
  • Architectural Style Two Story, Fourplex
  • City Fort Lauderdale
  • Construction Materials Frame, Stucco
  • County Broward
  • Furnished Info no
  • Levels One, Two
  • Listing Terms Cash, Conventional, Fha203k, F H A
  • Lot Features Less Than One Acre, Less Than Quarter Acre
  • Pets Allowed No
  • Pool Features None
  • Possession Close Of Escrow
  • Postal City Fort Lauderdale
  • Public Survey Section One, Two
  • Roof Composition, Shingle
  • Sewer Description Public Sewer
  • Stories 1
  • Subdivision Complex
  • Subdivision Info Progresso
  • Tax Amount $18,248
  • Tax Legal desc PROGRESSO 2-18 D LOT 4 S1/2,5 BLK 86
  • Tax Year 2025
  • Terms Considered Cash, Conventional, Fha203k, F H A
  • Type of Property Condominium
  • View Garden
  • Water Source Public
  • Window Features Impact Glass
  • Year Built Details Resale

1329 NE 5th Ave

Fort Lauderdale, FL 33304

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