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- Pink Miami
- Fort Lauderdale
- Middle River Terrace
- 1219 NE 5TH TER, Unit 1-2
For Sale
Listed on May 28, 2026
1219 NE 5TH TER, Unit 1-2
$747,850
0 Beds
0 Baths
1,053 sqft
0 Parkings
Lot size:
-
Annual Tax:
$7,203
Occupancy:
-
Year Built:
1957
Property type:
Multifamily
#MLS:
B26033753
Description
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.
United Realty Group Inc.
Features & Details
Learn about the features and details of 1219 NE 5TH TER, Unit 1-2
Property Details
- Property Type:Duplex
- Living Area:1,053 sqft
- Year Built:1957
- Lot Size:-
- Stories:-
- Annual Tax:$7,203
- List Date:5/28/2026
- Updated:6/30/2026
- Last Checked:Recent
- MLS Number:#B26033753
- Brokerage:United Realty Group Inc.
- Postal Code:33304
- Area:Broward
- City:Fort Lauderdale
Additional Property Features
- Occupancy:Available
- List Price:$747,850
- Unit Number:1-2
- Construction:Block,Stucco
- Heating:WallFurnace
- Fireplaces:-
- Garage:-
- Parking Type:No
- Pets Allowed:No
- Air Conditioning:Ceiling Fans, Wall Window Units
- Elevator:No
- Locker:No
- Swimming Pool:None
- Patio
- Basement:No
- Den:No
- Central Vacuum:No
- Garage Type:No
Additional Listing Information
- Walk Score:–
- Property Manager:-
- Utilities Included:None
- Furnished:No
- Assessment Year:2025
- Assignment:No
- Extras Included:None
- Virtual Tour:View virtual tour
Inside
- Bedrooms & Baths:0 Bed, 0 Bath
- Ensuite:Yes
- Bathrooms:0
- Flooring:Mixed
Price history
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Explore Broward
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FAQs About 1219 NE 5TH TER, Unit 1-2
1219 NE 5TH TER, Unit 1-2, MLS® B26033753 has a size of 1053 sqft.
There are bedrooms and bathrooms in this Multifamily at 1219 NE 5TH TER, Unit 1-2, MLS® B26033753.
Annual taxes for this home are $7,203 based on 2025 tax year reports.
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
©2025 Miami Association of REALTORS® all rights reserved.
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1219 NE 5TH TER, Unit 1-2
1219 NE 5TH TER, Unit 1-2