1219 NE 5th TerraceFort Lauderdale, FL 33304Price: $799,997

  • Price: $799,997
  • Est. Mortgage of $/month
  • 13 Days on Market
PrintSave Favorite
$
$
%
$/month over payments
Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $799,997List Price
  • 0.23Acreage
Listed by Michael J Sheer of United Realty Group Inc.
New Listing
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304
1219 NE 5th Terrace Fort Lauderdale FL 33304

Listing Tools

Rare opportunity to acquire income-producing duplex (2 1/1s) w/ additional development capacity in Fort Lauderdale's rapidly developing Studio City at over 30% below market value. Keep the existing duplex (w/separate water & electric meters) & add 8 units for 10 units total. Included site plan shows layout, parking, & access. Meeting with city has been held; feasibility & zoning compliance confirmed. Land comps:$91k-$117k per unit sold, $129k-$162k per unit active. Active & sold multifamily comps:$200k(not renovated)-$320k(renovated) per unit. Subject property: partially renovated duplex + 8 units of buildable land; market value ~$1.2M. 1 bed rents:$1.6k-$2.3k/mo. Build cost ~$1.2M. All in:~$2M. Projected value:$3M+ = $1M+ equity. Potential ~10% cap. Opportunity zone. Seller will finance.

Property Details of 1219 NE 5th Terrace

Property Details

Exterior Features

Utilities and Appliances

Community

Other Details

Map Location

Based on information submitted to BeachesMLS as of June 9, 2026 10:21 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Equine Homes Real Estate, LLC. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Search

Similar Listings