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

Building Details

Year Built

1957

Listing agency United Realty Group Inc. M***@gmail.com Show Phone

Listed by Michael Sheer · License #3355952

Source Crexi

Added: May 29 Updated: Jul 20 at 5:45PM Checked: Jul 22 at 4:16PM

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Investment Insights

Based on property information with market context.

This for-sale income property consists of a duplex with 2 one-bedroom, one-bath units, and separate water and electric meters. The existing duplex is partially renovated, and the included site plan outlines the proposed layout, parking, and access for additional construction. The plan contemplates keeping the current duplex while adding 8 more units for a 10-unit total.

The property is located in Fort Lauderdale’s Studio City area, with feasibility and zoning compliance confirmed following a meeting with the city. The offering is described as partially renovated duplex plus 8 units of buildable land.

Seller financing is mentioned as available. The property is also identified as being in an Opportunity Zone.

Key Highlights

• Income‑producing duplex built in 1957 with 2 units (2 x 1/1s).
• Separate water and electric meters for the existing duplex units.
• Confirmed feasibility with the city to add units on the buildable land for 10 units total.

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FAQs

What type of property is this?

Duplex - Partially renovated duplex with separate utilities plus confirmed feasibility to add units for a total of 10.

Where is this duplex located?

The property is located at 1219 NE 5th Terrace # 2 #1-2 Fort Lauderdale, FL.

What is the asking price?

The asking price for this property is $799,997.

What are key features of this property?

This property features: Income‑producing duplex built in 1957 with 2 units (2 x 1/1s).; Separate water and electric meters for the existing duplex units.; Confirmed feasibility with the city to add units on the buildable land for 10 units total.