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1538 NE 5th Ave

Fort Lauderdale, FL 33304

– beds
– baths
1,557 sqft
$481 per sqft
1963 build
– on site

Prime investment opportunity. Perfect for investors or first-time buyers, this property offers a turnkey opportunity in one of the city's most sought-after locations, just minutes from Wilton Manors, Las Olas, and Fort Lauderdale Beach. Plenty of parking, front parking for 2 cars, back unit with a parking size that can fit 3 cars, or a boat and 2 cars. A 2/2 unit in the back and a 1/1 unit in the front. All impact windows, separate electrical meters. Airbnb potential. Separate spacious backyard for each unit, and a front fenced space in the front for common areas. This is a rare opportunity to secure a high-yield, appreciating asset in a thriving real estate market, and a long-term value

Listing courtesy of MLSM / Florida Realty of Miami Corp

Last checked: Checking… • Last updated Mar 25, 2025 •

MLS# A11770585 —

The Building

Year Built:

1963
Year Built Details:

Resale
Construction Materials:

Stucco
Stories:

1
Levels:

One
Roof:

Shingle
Exterior Features:

Fence, Lighting, Other, Porch, Patio
Window Features:

Blinds, ImpactGlass
Patio And Porch Features:

Open, Patio, Porch
Building Area Total:

1557.0

Interior

Flooring:

Other

Room Dimensions

Living Area:

1557.0

The Property

Parcel Number:

494234270040
Property Type:

ResidentialIncome
Property Subtype:

Duplex
Property Subtype Additional:

Duplex
Zoning Description:

RM-15
Lot Features:

SprinklerSystem,LessThanQuarterAcre
Lot Size Units:

SquareFeet
Irrigation Source:

Municipal
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

$9,569
Tax Legal Description:

34-49-42 THAT PT OF SE1/4 OF NE1/4 DESC AS BEG 75 S OF INTER OF S/R/W/L NE 16 ST & E/R/W/L NE 5 AVE,S 60,E 100,N 60, W 100 TO POB

The Listing

Virtual Tour Unbranded:

Virtual Tour
Disclosures:

OwnerIsListingAgent

Heating & Cooling

Heating:

Other
Cooling:

CentralAir
Cooling:

true

Utilities

Utilities:

CableNotAvailable
Sewer:

PublicSewer

The Community

Subdivision Name:

Middle River Terrace
Pool Features:

None

Parking

Parking Total:

5.0

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/25/25 Mar 25, 2025	Listed / Active	MLSM	$750,000
1/3/25 Jan 3, 2025	Listed / Active	MLSM

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This multifamily located in Middle River Terrace, Fort Lauderdale, FL 33304 is currently for sale for $750,000. 1538 NE 5th Ave is a 1,557 square foot multifamily with – beds and – baths that has been on Estately for 3 days. 1538 NE 5th Ave is in the Middle River Terrace neighborhood of Fort Lauderdale and has a WalkScore® of 70, making it very walkable.

Listing Courtesy of: MLSM and Florida Realty of Miami Corp.

Based on information from the MLS MIAMI 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. MLSM, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. MLSM and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.