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$499,000

  • For Sale
  • Under Contract
  • Duplex
  • 1,000 Sq. Ft.
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This well-maintained duplex is a prime investment opportunity, featuring NEWLY remodeled kitchens in both units. Each unit is in great condition, offering move-in-ready spaces for tenants.One unit is vacant and the other unit has a tenant that is month to month. Whether you're a seasoned investor or just starting, this property is a fantastic addition to your portfolio. Don't miss the chance to own this turnkey income-producing duplex!Located within walking distance to Wilton Manors and Wilton Drive's shops and restaurants, the property is also close to Las Olas, Flagler Village, and Victoria Park, making it highly desirable for tenants. The seller is also offering two additional multifamily properties for sale- another duplex and a sixplex with an option to purchase all together.

Full Property Details for 1219 NE 5th Terrace

General

  • Price: $499,000
  • Taxes: $6,355 (2023)
  • Status: Under Contract
  • Type: Duplex
  • Source: Regional
  • MLS ID: F10482186
  • Updated: 3/10/2026
  • Added to Site: 437 day(s) ago

Interior

  • Flooring: Terrazzo, Tile

Exterior

  • Exterior Features: Balcony
  • Porch/Patio/Deck: Porch, Balcony

Location

  • County: Broward
  • Subdivision: Progresso 2-18 D
  • Driving Directions: Google Maps

Community

  • Community Name: 3370

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Separate Meters, Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Construction: Block
  • Roof: Composition, Shingle
  • Stories/Levels: 1
  • Square Feet: 1,000
  • Living Area: 1,000 Sq. Ft.
  • Year Built: 1957
  • Property Condition: Resale

Lot Features

  • Lot Features: 1/4 Acre
  • Zoning: RMM-25

Financial Considerations

  • Assessment Amount: $370,900
  • Tax Amount: $6,355
  • Tax Year: 2023
  • Terms: Cash

Disclosures and Reports

  • Documents Avail.: Lease
  • Legal Description: PROGRESSO 2-18 D LOT 13, 14, 15 BLK 114
  • Property ID: 494234032080
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 1219 NE 5th Terrace —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1219 NE 5th Terrace

School District:Broward County School District
NameGradesDistance
North Side Elementary School
120 Northeast 11th Street, Fort Lauderdale, FL 33304
PK-50.3 mi
Sunrise Middle School
1750 Northeast 14th Street, Fort Lauderdale, FL 33304
6-81 mi
Fort Lauderdale High School
1600 Northeast 4th Avenue, Fort Lauderdale, FL 33305
9-120.6 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/16/2025
Price Reduced
$499,000
-9.27%
MLS
1/22/2025
Listed
$550,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1219 NE 5th Terrace

Year
Property Taxes
Change
Tax Assessment
Change
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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Price Reduced near 1219 NE 5th Terrace

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2716 NE 10th Terrace, Wilton Manors, FL 33334 - Photo 1 Price Reduced
-$15,000 (-1.52%)
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2716 NE 10th Terrace  Wilton Manors, FL 33334

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1219 NE 5th Terrace, Fort Lauderdale, FL 33304 (MLS# F10482186) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1219 NE 5th Terrace is currently listed for $499,000 and was received on January 22, 2025. This property is listed by Corbin Mitchell from our Fort Lauderdale Las Olas & the Beaches Office.Want to learn more about 1219 NE 5th Terrace? Do you have questions about finding other Duplex real estate for sale in Fort Lauderdale? You can browse all Fort Lauderdale real estate or contact a Coldwell Banker agent to request more information.

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