Income Duplex with 8-Unit Expansion

1219 NE 5th Ter, Fort Lauderdale, FL 33304

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For Sale

$799,997

Partially renovated duplex with separate utilities, plus buildable capacity for eight additional units totaling ten.

Type:Commercial

HighLights

Income‑producing duplex with 2 one‑bedroom units, plus separate water & electric meters
Plans and included site layout for adding 8 units to keep duplex for 10 units total
Meeting with city held; feasibility and zoning compliance confirmed (per included information)
All‑in cost estimate of ~$2.0M; projected value of $3.0M+ with potential ~10% cap (per provided projections)
1‑bed rent range of $1.6k–$2.3k per month (per provided rent information)
Opportunity zone; seller will finance (as stated in the remarks)

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Listing Contact

Wayne C Charneco

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For Sale

$799,997

Partially renovated duplex with separate utilities, plus buildable capacity for eight additional units totaling ten.

Type:Commercial

Added:: Jun 14, 2026
Days on Market:: 9
Last Refresh:: Jun 16 at 2:12 am

Property Features for 1219 NE 5th Ter

General Information

Standard status: Active
Property subtype: Commercial

We can help!

Listing Contact

Wayne C Charneco

Listing agent Wayne C Charneco License #3355952

Listing office United Realty Group Inc

Listing date Jun 14, 2026

Source Elliman

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

HighLights

Income‑producing duplex with 2 one‑bedroom units, plus separate water & electric meters
Plans and included site layout for adding 8 units to keep duplex for 10 units total
Meeting with city held; feasibility and zoning compliance confirmed (per included information)
All‑in cost estimate of ~$2.0M; projected value of $3.0M+ with potential ~10% cap (per provided projections)
1‑bed rent range of $1.6k–$2.3k per month (per provided rent information)
Opportunity zone; seller will finance (as stated in the remarks)

Overview

The property is an income-producing duplex featuring two 1-bedroom/1-bath units, with separate water and electric meters. It is partially renovated and includes additional buildable land for expansion. The offering targets a total of ten units, consisting of the existing duplex plus eight new units, and includes an included site plan showing proposed layout, parking, and access.

Located in Fort Lauderdale in the Studio City area, the development plan includes process steps already completed for feasibility. A meeting with the city has been held, and feasibility and zoning compliance have been confirmed, with the provided materials indicating the approach for the additional units.

For buyers seeking an owner-operated or investor-oriented multifamily opportunity, the combination of existing rental income and confirmed development capacity can support flexible underwriting and phasing. The seller is offering financing, and the site is described as being within an Opportunity Zone. Seller-provided projections in the materials indicate a market value around $1.2M for the existing partially renovated duplex plus eight units of buildable land, with an all-in figure around $2M and projected value around $3M+.

Location Intelligence

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Duplexes

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Local Demand

City: Fort Lauderdale
County: Broward
State: Florida
Longitude: -80.1389129
Latitude: 26.1413207

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For sale
Duplexes
FL
Fort Lauderdale
33304
1219 NE 5th Ter

What type of property is this?

Duplex - Partially renovated duplex with separate utilities, plus buildable capacity for eight additional units totaling ten.

Where is this duplex located?

The property is located at 1219 NE 5th Ter 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 with 2 one‑bedroom units, plus separate water & electric meters; Plans and included site layout for adding 8 units to keep duplex for 10 units total; Meeting with city held; feasibility and zoning compliance confirmed (per included information)