Date
Details
Price
Change
Source
5/28/2026
Listed
$799,997
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Rare opportunity to acquire an income producing duplex w/confirmed 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. 1 bed rents:$1.6k-$2.3k/mo. Build cost ~$1.2M. All in:~$2M. Projected value:$3M+ = $1M+ equity. Potential ~10% cap. Opportunity zone. Seller will finance.
Full Property Details
Full Property Details for 1219 NE 5th Terrace #1-2
General
- Price: $799,997
- Taxes: $7,203 (2025)
- Status: Active
- Type: Duplex
- Source: Regional
- MLS ID: B26033753
- Updated: 5/28/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Terrazzo
Exterior
- Exterior Features: Outdoor Living Area, Other
- Porch/Patio/Deck: Patio, Porch
Parking
- Total Spaces: 6
Location
- County: Broward
- Subdivision: PROGRESSO
School Information
- Elementary School: North Side
- Middle School: Sunrise
- High School: Fort Lauderdale
Community
- Community Name: 3370
- Units Assoc/Comm: 2
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Multiple Meters, Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Other, Phone Available, Sewer Connected, Water Connected
- # Water Meters: 2
- # Electric Meters: 2
Structural Information
- Structure Type: Duplex
- Construction: Block, Stucco
- Roof: Flat
- Windows: Storm Window(s)
- Stories/Levels: 1
- Building Size: 1053
- Square Feet: 1,053
- Sq. Ft. Source: Appraiser
- Living Area: 1,053 Sq. Ft.
- Year Built: 1957
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.23
- Lot Dimensions: 75 x 135
- Road Maintenance: Public Maintained Road
- Lot Features: 1/4 Acre
- Zoning: RMM-25
Financial Considerations
- Assessment Amount: $265,430
- Tax Amount: $7,203.21
- Tax Year: 2025
- Terms: Cash, Conventional, Cryptocurrency, 1031 Exchange, Owner Will Carry, Owner May Carry, Other, Trade
- Tenant Pays: Electricity, Sewer, Water
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Financials, Lease, Other, Rent Rolls, Survey
- Legal Description: PROGRESSO 2-18 D LOT 13, 14, 15 BLK 114
- Disclosures/Rstr.: Owner Is Listing Agent
- Property ID: 494234032080
Listed by United Realty Group Inc. and United Realty Group Inc
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Listing agents
— 1219 NE 5th Terrace #1-2 —
United Realty Group Inc.
United Realty Group Inc
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1219 NE 5th Terrace #1-2
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
North Side Elementary School 120 Northeast 11th Street, Fort Lauderdale, FL 33304 | PK-5 | 0.3 mi |
Sunrise Middle School 1750 Northeast 14th Street, Fort Lauderdale, FL 33304 | 6-8 | 1 mi |
Fort Lauderdale High School 1600 Northeast 4th Avenue, Fort Lauderdale, FL 33305 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1219 NE 5th Terrace #1-2
Tax History
Tax History for 1219 NE 5th Terrace #1-2
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,630
16%
$291,970
-35%
2024
$6,599
—
$450,800
7%
2024
$6,599
4%
$420,650
13%
2023
$6,355
24%
$370,900
25%
2021
$5,121
-4%
$295,940
-8%
2022
$5,330
4%
$320,810
39%
2021
$5,121
37%
$230,930
54%
2019
$3,750
23%
$149,840
10%
2018
$3,056
6%
$136,220
1%
2017
$2,876
5%
$135,400
10%
2016
$2,730
9%
$123,170
20%
2015
$2,499
6%
$102,360
10%
2014
$2,363
9%
$93,060
10%
2013
$2,160
—
$84,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1219 NE 5th Terrace #1-2
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- Condo
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,200Sq. Ft.
- Condo
- Active
- Updated 5 days ago
- 1Bed
- 1Total Bath
- 549Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 4Total Baths
- 2,736Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,940Sq. Ft.
Listed by Dori Summer (954) 608-6214
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 5Total Baths
- 3,755Sq. Ft.
- Condo
- Active
- Updated 15 hours ago
- 2Beds
- 2Total Baths
- 1,000Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 3Total Baths
- 2,824Sq. Ft.
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1219 NE 5th Terrace #1-2, Fort Lauderdale, FL 33304 (MLS# B26033753) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1219 NE 5th Terrace #1-2 is currently listed for $799,997 and was received on May 28, 2026. Want to learn more about 1219 NE 5th Terrace #1-2? Do you have questions about finding other Duplex real estate for sale in Middle River Terrace? You can browse all Middle River Terrace real estate or contact a Coldwell Banker agent to request more information.