Sign In

Close

x
Showing 1 of 0
X
Save
1219 NE 5th Terrace 1-2 Fort Lauderdale FL 33304US2 Bed, 2.00 Bath (2 Full Bath), B26033753
1219 NE 5th Terrace 1-2Fort LauderdaleFL33304
799997.0000 1/1/1900 12:00:00 AM
Realty Executives of South Florida
643 East Atlantic BlvdPomano BeachFL33060
754-714-7170

1219 NE 5th Terrace 1-2
Fort Lauderdale FL 33304 US

Save
1 /

Courtesy of: Michael J Sheer, United Realty Group Inc., MikeSheerRealtor@gmail.com

Realty Executives of South Florida
643 East Atlantic Blvd
Pomano Beach, FL, US 33060
754-714-7170

Get more info about this property

1219 NE 5th Terrace 1-2
Fort Lauderdale FL 33304 US

$799,997

Active Listing ID B26033753
bed icon
2 bed
bath icon
2.00 Bath (2 Full)
lot icon
Lot: 0.23 Acres
home icon
Other

$799,997

Active Listing ID B26033753
Save
3d icon
Maps

1219 NE 5th Terrace 1-2 Rare opportunity to acquire an income producing duplex (2 1/1s) w/ additional development capacity in Fort Lauderdale's rapidly developing Studio City at OVER 30% OFF 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.

Collapse all

Property Features

  • Facts
  • Lot Size: 0.23 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Cooling System: Window Unit(s), Wall/Window Unit(s), Ceiling Fan(s)
  • Floor Covering: Terrazzo
  • Roof Type: Flat
  • Additional Features
  • Patio

School Information

  • School
  • North Side(Elementary)
  • Sunrise(MiddleSchool)
  • Fort Lauderdale(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 799997
  • unparsedaddress: 1219 NE 5th Terrace
  • unitnumber: 1-2
  • postalcity: Fort Lauderdale
  • stateorprovince: FL
  • country: US
  • postalcode: 33304
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.23
  • lotsizeunits: Acres
  • lotsizearea: 0.23
  • livingarea: 1053
  • livingareaunits: Square Feet
  • latitude: 26.141295
  • longitude: -80.138845
  • listagentfullname: Michael J Sheer
  • listagentemail: MikeSheerRealtor@gmail.com
  • listagentkey: 3yd-RMLSFL-3355952
  • listagentmlsid: 3355952
  • listagentpreferredphone: 9549936664
  • listagentofficephone: 9544502000
  • listofficekey: 3yd-RMLSFL-URGI07
  • listagentstatelicense: 3355952
  • listofficemlsid: URGI07
  • disclaimer: Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSFL
  • yearbuilt: 1957
  • listingcontractdate: 2026-05-28
  • countyorparish: Broward
  • parcelnumber: 494234032080
  • elementaryschool: North Side
  • highschool: Fort Lauderdale
  • cooling: Window Unit(s), Wall/Window Unit(s), Ceiling Fan(s)
  • constructionmaterials: CBS, Stucco
  • flooring: Terrazzo
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • roof: Flat
  • waterfrontyn: False
  • franchiseaffiliation: None
  • windowfeatures: Storm Window(s)
  • rooms: Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1
  • utilities: Cable Available
  • patioandporchfeatures: Patio, Porch
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -80.13885, 26.141294
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"United Realty Group Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"MikeSheerRealtor@gmail.com", "ListBrokerageCity":"Plantation", "ListBrokerageCountry":"US", "ListBrokerageEmail":"pbrownell@urgfl.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RMLSFL/29dac291e67511f0846d52d8e894a0c7/20251231182227510.png", "ListBrokerageName":"United Realty Group Inc", "ListBrokeragePhone":"(954) 450-2000", "ListBrokeragePostalCode":"33324", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"Ste 600", "ListBrokerageUnparsedAddress":"1200 S Pine Island Rd", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"975 N Nob Hill Road ", "ListOfficeAddress2":"Ste 600", "ListOfficeBrokerMlsId":"URGI07", "ListOfficeCity":"Plantation", "ListOfficeCountry":"US", "ListOfficeEmail":"pbrownell@urgfl.com", "ListOfficePostalCode":"33324", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Fort Lauderdale, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1219-NE-5th-Ter_Fort-Lauderdale_FL_33304_M69896-61570?f=listhub&s=RMLSFL&m=B26033753&c=rexren", "MLSModificationTimestamp":"2026-05-31 23:03:58", "Neighborhoods":[{"Description":null, "Name":"PROGRESSO"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7203, "TaxDescription":"PROGRESSO 2-18 D LOT 13, 14, 15 BLK 114", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/1/2026 6:37:10 AM GMT
Source Updated Date: 6/4/2026 12:54:43 AM GMT

Courtesy of: Michael J Sheer, United Realty Group Inc., MikeSheerRealtor@gmail.com

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact