Income Duplex with Development
1219 NE 5th Terrace Fort Lauderdale, FL
1219 NE 5th Terrace, Fort Lauderdale, FL
$747,850
For Sale
$747,850
MULTI_FAMILY - Fort Lauderdale, FL
Property Size1,053 SF
Lot Size0.23 Acres
Price / SF$710.21
Days on Market54
Property Features for 1219 NE 5th Terrace
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RMM-25
- Parking
- 11
- Parking features
- Covered, Guest, Assigned
- 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
- 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, Concrete Block - With Stucco, Stucco
- Roof type
- Shingle
Listing Agency
United Realty Group Inc.
(954) 450-2000
975 N Nob Hill Road, Plantation, FL
Listed by
Michael J Sheer · License #3355952
(954) 993-6664
Added: May 28 Checked: Jul 20 at 9:06 am
MLS# B26033810
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This income-producing duplex offers a straightforward two-unit setup with 1-bedroom, 1-bathroom living space on each side. The property’s utilities are individually metered, with separate water and electric meters for each unit. The same lot also includes development capacity for building 8 additional units, bringing the total proposed count to 10 units without tearing down the existing structure.
The site has been supported by a preliminary development meeting with the city, with representatives from relevant departments present to review the approach. Based on that process, the site plan was confirmed as feasible and compliant with current code and the applicable zoning.
Located on NE 5th Terrace in Fort Lauderdale, the property is zoned RMM-25 and sits on 0.23 acres. See photos and attachments for details on the existing structure and the included site plan.
The site has been supported by a preliminary development meeting with the city, with representatives from relevant departments present to review the approach. Based on that process, the site plan was confirmed as feasible and compliant with current code and the applicable zoning.
Located on NE 5th Terrace in Fort Lauderdale, the property is zoned RMM-25 and sits on 0.23 acres. See photos and attachments for details on the existing structure and the included site plan.
Key Highlights
- Income‑producing duplex built in 1957 with 1 Bed/1 Bath on each side
- Duplex has separate water and electric meters for each side
- Development capacity: keep the existing duplex while adding 8 additional units for a total of 10 units on the same lot
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex with separate water and electric meters, plus capacity for 8 additional units on the same lot.
Where is this duplex located?
The property is located at 1219 NE 5th Terrace Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $747,850.
What are key features of this property?
This property features: Income‑producing duplex built in 1957 with 1 Bed/1 Bath on each side; Duplex has separate water and electric meters for each side; Development capacity: keep the existing duplex while adding 8 additional units for a total of 10 units on the same lot
