1405 NE 5th Terrace, Fort Lauderdale, FL 33304

Building Details

Year Built

1949

Listing office Homeinc Realty LLC p***@homeinc.com Show Phone

Listing date Apr 8, 2026

Source Crexi

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Overview

This four-unit residential income property consists of two 1-bedroom, 1-bath apartments and two studio units. The building totals 2,106 square feet, situated on a 6,760 square foot lot designated RM-15.

The property is located in the heart of Middle River Terrace and is being sold as part of a package. Purchase is required together with the adjacent property at 1409 NE 5th Ter, creating a combined assemblage that the seller states can unlock development potential.

For buyers, this configuration supports a straightforward income strategy with a mix of studios and 1-bedroom units, while also offering an option for those looking to plan beyond the existing improvements. The RM-15 zoning designation and the required assemblage purchase are key factors for investors and developers evaluating redevelopment options with the two parcels working together.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Fort Lauderdale

County

Broward

State

Florida

Longitude

-80.1390159

Latitude

26.1443257

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FAQs

What type of property is this?

Quadplex - Four units on an RM-15 lot, offered as part of a required two-property assemblage for redevelopment.

Where is this quadplex located?

The property is located at 1405 NE 5th Terrace Fort Lauderdale, FL.

What is the asking price?

The asking price for this property is $848,990.

What are key features of this property?

This property features: 4‑unit income property built in 1949; Unit mix: two 1‑bed/1‑bath units plus two studio units; Building size: 2,106 SF on a 6,760 SF RM‑15 zoned lot