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Duplex with Expansion Capacity
For Sale
$729,850

1-2-1219 Ne 5th Ter, Fort Lauderdale, FL 33334

Two one-bedroom units are separately metered and supported by a plan for additional residential development.

Property SizeContact for details
Days on Market84

Property Features for 1-2-1219 Ne 5th Ter

General Information

Standard status Active

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Opportunity Zone Yes
Buildable Units 10

Taxes and HOA fees

Annual Taxes $7,203
Listing Agency: United Realty Group Inc.
Listed By: Michael J Sheer · License #3355952
Source: Exprealty
Added: May 28 Changed: Aug 10 Last Checked: Aug 17 at 10:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Realty Group Inc.

Investment Insights

Based on property information with market context.

This partially renovated duplex includes two residences, each configured with one bedroom and one bathroom. Separate water and electric meters serve the units, allowing the existing structure to remain in operation while additional residential improvements are pursued. The property also includes an approved-in-concept site plan showing layout, parking, and access for 8 more units, creating a potential 10-unit configuration without removing the current building.

The property is located at 1-2-1219 NE 5th Ter in Fort Lauderdale, less than one block from NE 13th Street and within a short walk of Studio City’s arts and entertainment district. It sits near the Flagler Village and Wilton Manors areas, with nearby businesses including Gulfstream Brewing Co., Lovelee Bakeshop, and Radio-Active Records. A preliminary city development meeting included planning, zoning, engineering, and landscape representatives, with the site plan described as feasible under current code and zoning regulations.

Key Highlights

  • Two‑unit duplex with 1 Bedroom/1 Bathroom on each side
  • Separate water and electric meters serve the existing duplex
  • Site plan provides for 8 additional units, creating a potential 10‑unit layout

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Daycare Center Florist Adult Day Care Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,977
Businesses Nearby

Demographics for 33334, FL

30,138
Population
14,314
Households
2.1
Avg Household Size
44
Median Age
33%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
6,279
Density / Sq Mi
$69,512
Median Household Income
$36,895
Median Earnings
$1,615
Median Rent
$430,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two one-bedroom units are separately metered and supported by a plan for additional residential development.
Where is this duplex located?
The property is located at 1-2-1219 Ne 5th Ter Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $729,850.
What are key features of this property?
This property features: Two‑unit duplex with 1 Bedroom/1 Bathroom on each side; Separate water and electric meters serve the existing duplex; Site plan provides for 8 additional units, creating a potential 10‑unit layout
More about this property
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