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

Fort Lauderdale
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
1219 NE 5th Terrace #1-2,Fort Lauderdale, FL 33304
$599,850
Virtual Tour
  • - Beds
  • - Baths
  • 1,053 sq. ft.
  • Multi-family
  • Active
Listed by: michael j sheer, wayne c charneco
Office: united realty group inc.
MLS#:B26033753
Source:RMLS

Price summary

  • Price:$599,850
  • Price per sq. ft.:$569.66

About this home

50% OFF: This is how to generate great returns in today's market while protecting your downside. Acquire an income producing duplex (1 Bedroom/1 Bathroom each side) with additional development capacity (the right to build 8 more units) in Fort Lauderdale's rapidly developing Studio City at approximately 50% below market value. This property should not be viewed solely as a duplex or solely as a land play; the true value is in both. The existing duplex (that is fairly renovated and has separate water & electric meters) can remain in place and continue generating income while 8 additional units are developed on the same lot, for a total of 10 units, without tearing down the current structure. The included site plan shows viable layout, parking, & access. A preliminary development meeting has been held with the city; representatives from every relevant department (planning, zoning, engineering, landscape, etc) were present and confirmed that the site plan is feasible and compliant with...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1957
  • Subdivision & Development:PROGRESSO
  • Listing ID #:B26033753
  • Added:164 day(s) ago
  • Updated:November 09, 2026 at 04:18 PM

Rooms and interior

  • Flooring:Terrazzo
  • Living area:1,053 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Wall Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Flat
  • Year built:1957
  • Building area:1,053 sq. ft.
  • Construction Materials:Block, Stucco
  • Exterior Features:Patio, Porch
  • Levels:1 Story

Schools

  • High school:Fort Lauderdale
  • Middle school:Sunrise
  • Elementary school:North Side

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$599,850
  • Price per sq. ft.:$569.66
  • Tax amount:$7,203 (2025)

Parking

  • Total parking spaces:6
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. RMLS Member Broker: Gene Whiddon III <gwhiddon@bhgfirst.com>

New listings near 1219 NE 5th Terrace #1-2