Atlantic Luxury AdvisorsKeller Williams Realty Services
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32 photos

1224 NE 5th Ave

Fort Lauderdale, FL 33304

$535,000
3
3
1,368 sq ft
6,753 sq ft
1961
Single Family Residence
$0/mo
9
Active

Listing courtesy of Virgil Signature Realty LLC (Mirlande Virgil). Contact: [email protected].

About this home

**PRIME FORT LAUDERDALE LOCATION | MULTIFAMILY POTENTIAL!** Discover the possibilities with this versatile 3-bedroom, 3-bathroom CBS home in desirable Middle River Terrace/Progresso! Currently configured as a 2/2 main residence and separate 1/1 efficiency, offering flexibility for extended family, guests, or rental income. Easily convertible back into one spacious single-family home. Zoned RMM-25, offering potential for multifamily development, subject to city approval and zoning requirements. Property needs TLC but features recent permitted upgrades, including 12 impact-resistant windows and 4 exterior impact doors. Situated on a 6,753 sq. ft. lot with a fully fenced backyard and double gates. Minutes from Wilton Manors, Downtown Fort Lauderdale, Las Olas, beaches, and major highways.

Virtual tour
What it costs to own
Estimated monthly payment
$3,854/mo
Principal and interest
$2,705
Property tax
$816
Homeowners insurance
$333
HOA
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$9,796/yr

Estimate: the price times the Broward County average total millage (19.86 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$0/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.