1224 NE 5TH Avenue
PROGRESSO · Fort Lauderdale · FL · 33304
Overview
About this home
**INVESTOR SPECIAL - PRIME FORT LAUDERDALE LOCATION!** Great investment opportunity in desirable Middle River Terrace/Progresso! This 3-bedroom, 3-bathroom CBS single-family home is currently configured as a 2/2 main residence and a separate income-producing 1/1 efficiency, offering potential for two rental income streams. Property needs TLC but offers excellent investment potential. Recent permitted upgrades include 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. Great opportunity for investors or buyers looking to add value!
Property details
Interior
- Bedrooms
- 3
- Full bathrooms
- 3
- Living area
- 1,368 sq ft
- Flooring
- Ceramic Tile
- Cooling
- Wall/Window Unit(s)
- Heating
- Window/Wall, Other
- Laundry
- None
- Features
- Bedroom Layout - Split
Exterior & lot
- Construction
- CBS
- Roof
- Composition, Shingle
- Stories
- 1
- Lot size
- 0.16 acres (6,753 sq ft)
- Parking
- Driveway
- Features
- Courtyard
Community
- Subdivision
- PROGRESSO
- County
- Broward
Listing & financial
- Property type
- Single Family Residence
- Year built
- 1961
- Annual taxes
- $16,818 (2025)
- Parcel ID
- 494234032180
- Buyer financing accepted
- Cash, Conventional, FHA
- Sale type
- Standard
- MLS #
- B26094072
Sale & tax history
This listing
| Oct 29, 2026 | Listed for sale | $549,000 |
Taxes
2025 property taxes: $16,818. In Florida, taxes are re-assessed after a sale, so a new owner's bill can be different (your homestead exemption can lower it).
Full sale and tax history is public at the county property appraiser (parcel ID 494234032180). Open the Broward County Property Appraiser ↗
Location
Approximate location. Street View opens in Google Maps where Google has street photos.
Neighborhood
- Subdivision
- PROGRESSO
- City
- Fort Lauderdale
- County
- Broward County
- Elementary school
- North Side
- Middle school
- Sunrise
- High school
- Fort Lauderdale
Schools as reported by the listing agent. Always confirm school assignments with the district: Broward County schools ↗.
Climate, weather & flood risk
Average temperatures by month
Winters are mild, with highs around 77°F from December to February. The coolest nights come in January (about 61°F); the warmest days in July (about 90°F).
| Month | Low | Range | High | Rain |
|---|---|---|---|---|
| Jan | 61° | 76° | 2.9″ | |
| Feb | 63° | 77° | 2.4″ | |
| Mar | 66° | 80° | 2.4″ | |
| Apr | 70° | 83° | 3.0″ | |
| May | 74° | 86° | 5.6″ | |
| Jun | 77° | 88° | 9.6″ | |
| Jul | 78° | 90° | 5.4″ | |
| Aug | 78° | 90° | 7.9″ | |
| Sep | 77° | 88° | 8.0″ | |
| Oct | 74° | 85° | 7.4″ | |
| Nov | 68° | 81° | 3.7″ | |
| Dec | 65° | 78° | 2.8″ |
Average daily low and high (°F) and monthly rainfall (inches). Source: NOAA U.S. Climate Normals 1991–2020, Fort Lauderdale-Hollywood Airport station (5 mi away). Most rain falls in short summer afternoon showers.
Monthly payment
Estimated monthly payment
$4,544/mo
- Principal & interest$2,776
- Property taxes$1,402
- Home insurance$366
Estimate only, not a loan offer. The rate is an example: ask a lender for today's rates. In Florida, property taxes are re-assessed after a sale, so the seller's last bill is only a starting point; your homestead exemption can lower it. Insurance is a rough estimate; get a real quote, including flood and wind coverage. Talk to a lender we trust →
