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1219 NE 5th Terrace
Fort Lauderdale, FL
Listing Details
- $799,997
- MLS# B26033788
- Type Land - Residential
- Status Active
Description
Rare opportunity to acquire an income producing duplex (2 1/1s) w/ additional development capacity in Fort Lauderdale's rapidly developing Studio City at OVER 30% OFF market value. Keep the existing duplex (w/separate water & electric meters) & add 8 units for 10 units total. Included site plan shows layout, parking, & access. Meeting with city has been held; feasibility & zoning compliance confirmed. Land comps:$91k-$117k per unit sold, $129k-$162k per unit active. Active & sold multifamily comps:$200k(not renovated)-$320k(renovated) per unit. Subject property: partially renovated duplex + 8 units of buildable land; market value ~$1.2M.... Read more
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/29/2026. The listing information on this page last changed on 05/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 05/29/2026 10:27:27 AM EST) or Miami MLS (last updated Fri 05/29/2026 10:19:58 AM EST) or Stellar MLS (last updated Fri 05/29/2026 10:17:27 AM EST) or SPC MLS (last updated Fri 05/29/2026 10:25:31 AM EST) or Martin MLS (last updated Fri 05/29/2026 10:20:15 AM EST) or Indian River MLS (last updated Fri 05/29/2026 10:20:23 AM EST) or Northeast Florida MLS (last updated Fri 05/29/2026 10:19:23 AM EST) or Beaches MLS (last updated Fri 05/29/2026 10:22:30 AM EST) or Naples MLS (last updated Fri 05/29/2026 10:25:01 AM EST) or PBI MLS (last updated Fri 05/29/2026 10:26:28 AM EST) or Florida Keys MLS (last updated Fri 05/29/2026 8:30:29 AM EST). Real estate listings held by brokerage firms other than Illustrated Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/29/2026. The listing information on this page last changed on 05/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 05/29/2026 10:27:27 AM EST) or Miami MLS (last updated Fri 05/29/2026 10:19:58 AM EST) or Stellar MLS (last updated Fri 05/29/2026 10:17:27 AM EST) or SPC MLS (last updated Fri 05/29/2026 10:25:31 AM EST) or Martin MLS (last updated Fri 05/29/2026 10:20:15 AM EST) or Indian River MLS (last updated Fri 05/29/2026 10:20:23 AM EST) or Northeast Florida MLS (last updated Fri 05/29/2026 10:19:23 AM EST) or Beaches MLS (last updated Fri 05/29/2026 10:22:30 AM EST) or Naples MLS (last updated Fri 05/29/2026 10:25:01 AM EST) or PBI MLS (last updated Fri 05/29/2026 10:26:28 AM EST) or Florida Keys MLS (last updated Fri 05/29/2026 8:30:29 AM EST). Real estate listings held by brokerage firms other than Illustrated Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Privacy Policy / DMCA Notice / ADA Accessibility
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All Property Features
- Property Type: Land - Residential
- Days on Site: 1
- Fencing: Wood
- Lot Dimensions: 75 ft x 135 ft
- Lot Size: 0.23 Acres
- Parcel#: 494234032080
- Sewer: Public Sewer
- Taxes: $7,203
- Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
- Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
- Water: Public