1219 NE 5th Ter Fort Lauderdale, FL 33304
Partially renovated duplex with separate utilities, plus buildable capacity for eight additional units totaling ten.
Property Features for 1219 NE 5th Ter
General Information
- Standard status
- Active
- Property subtype
- Commercial
Listing office United Realty Group Inc (954) 214-0548
Listing date Jun 14, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
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+.
Key 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)