1219 NE 5th Terrace Fort Lauderdale, FL 33304
MULTI_FAMILY - Fort Lauderdale, FL
Property Features for 1219 NE 5th Terrace
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RMM-25
- Bedrooms
- 2
- Rooms
- Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
- Window features
- Storm Window(s)
- Patio and Porch features
- Porch, Patio
- Pets allowed
- Yes, No
- Standard status
- Active
- APN
- 494234032080
- Size
- 1,053 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PROGRESSO 2-18 D LOT 13,14,15 BLK 114
- Tax Annual Amount
- 7203
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Cooling system
- Window Unit(s), Ceiling Fan(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1957
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Terrazzo
- Building materials
- CBS, Stucco
- Roof type
- Flat
Listing agent Michael J Sheer License #3355952 (954) 993-6664
Listing office United Realty Group Inc. 975 N Nob Hill Road, Plantation, FL (954) 450-2000
Listing date May 28, 2026
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Investment Insights
Based on property information with market context.
The property is zoned RMM-25 and sits on a 0.23-acre lot. The listing indicates the seller is willing to finance. Total building area is listed at 1,053 square feet. The property is located in a Qualified Opportunity Zone, which the seller notes may offer potential tax benefits; prospective buyers should consult a tax professional regarding eligibility and details.
Key Highlights
- Income duplex with 1 bed/1 bath on each side, plus development capacity for 8 additional units on the same lot (total 10 units).
- Existing duplex has separate water and electric meters, allowing it to remain in place while the additional units are developed.
- Preliminary development meeting with city held; representatives from planning, zoning, engineering, landscape, and other departments confirmed the site plan is feasible and compliant.