A real fluid is a collection of molecules. At the macroscopic level, you describe the fluid as a continuous substance, emerging from the collective behavior of the molecules, but without treating it as made up of molecules. In other words, you zoom out and don't see individual molecules, just a continuous fluid.
When you do fluid dynamics, you need to consider an infinitesimally small volume of that fluid. But as you zoom back in, you don't come back to a molecule (you never consider the behavior of individual molecules). You simply take smaller and smaller amounts of the fluid, keeping the same properties as the bulk of the fluid.
In that sense, the fluid particle is not a real particle (i.e., a molecule), but an abstract particle that has the properties of the fluid.