For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Two-House Residential Income Property Title is generated by Realmo AI

    1409 NE 5th Terrace # 2 #1-2, Fort Lauderdale, FL 33304

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Two rented units on a single RM-15 lot, offered as part of a required package with an adjacent four-unit property.

    Type:Multifamily
    Property size:
    1,352 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $487/SF
    Added:
    Apr 8, 2026
    Days on Market:
    79
    Last Refresh:
    Jun 20 at 7:46 am

    Property Features for 1409 NE 5th Terrace # 2 #1-2

    General Information

    Standard status
    Active
    Size
    1,352 SF
    Lot size
    0.16 Acres
    Property subtype
    Multifamily

    Building Details

    Year Built
    1940

    We can help!

    Contact an agent
    Peter Cacciatore
    Peter Cacciatore

    Listing office Homeinc Realty LLC

    Listing date Apr 8, 2026

    Source Crexi

    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 Homeinc Realty LLC

    HighLights

    • Two houses on a single RM‑15 zoned lot in east Fort Lauderdale
    • Includes a 2 bed / 1 bath unit and a 1 bed / 1 bath unit, both fully rented
    • Total lot size is 6,760 sq ft
    • Must be purchased as part of a package with the adjacent four‑unit property at 1405 NE 5th ter

    Overview

    This residential income property consists of two houses on the same lot. One unit is a 2-bedroom, 1-bath layout and the second unit is a 1-bedroom, 1-bath layout. Both homes are fully rented, providing an owner with two separate residential income streams under one ownership structure.

    The property is located on a 6,760 square foot RM-15 zoned lot. As presented, the sale must be purchased as a package with the adjacent 4-unit property located at 1405 NE 5th ter. The listing indicates the combined configuration is intended to be acquired together rather than as a standalone offering.

    For buyers seeking a small residential portfolio with existing tenant occupancy, the mix of a 2/1 and a 1/1 within the same RM-15 lot can offer straightforward tenant unit variety. Because the transaction is tied to acquiring both parcels as a package, interested buyers should plan for due diligence and underwriting across the two-property combination when evaluating the overall acquisition.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Spa & Massage Center Dental Office Hair Salon Real Estate Agency Nail Salon Daycare Center Building Supply Kitchen & Bath Showroom 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
    -80.1288013
    Latitude
    26.1286545

    FAQs

    What type of property is this?
    Duplex - Two rented units on a single RM-15 lot, offered as part of a required package with an adjacent four-unit property.
    Where is this duplex located?
    The property is located at 1409 NE 5th Terrace # 2 #1-2 Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $658,990.
    What are key features of this property?
    This property features: Two houses on a single RM‑15 zoned lot in east Fort Lauderdale; Includes a 2 bed / 1 bath unit and a 1 bed / 1 bath unit, both fully rented; Total lot size is 6,760 sq ft
    (954) 648-8266 Call to check price and availability
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message