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$849,990 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 0.16 Acres
  • Updated 1 day ago
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4-unit income property in the heart of Middle River Terrace Two 1-bed/1-bath units and two studios units. Building is 2,106 square feet on a 6,760 sq ft RM-15 zoned lot. Must be purchased as a package with the adjacent property(1409 NE 5th Ter), creating a combined assemblage that unlocks development potential with both properties.

Full Property Details for 1405 NE 5th Terrace

General

  • Price: $849,990
  • Taxes: $12,398 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Regional
  • MLS ID: B26010072
  • Updated: 4/2/2026
  • Added to Site: 2 day(s) ago

Interior

  • Flooring: Tile

Exterior

  • Exterior Features: Other

Parking

  • Total Spaces: 4

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: 4

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Sewer Connected
  • # Electric Meters: 2

Structural Information

  • Construction: Block
  • Roof: Slate
  • Stories/Levels: 1
  • Building Size: 2106
  • Square Feet: 2,106
  • Sq. Ft. Source: Public Records
  • Living Area: 2,106 Sq. Ft.
  • Year Built: 1949
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Features: 1/4 Acre
  • Zoning: RM-15

Financial Considerations

  • Assessment Amount: $489,440
  • Tax Amount: $12,398.86
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan
  • Tenant Pays: Cable TV

Disclosures and Reports

  • Special Conditions: Standard
  • Documents Avail.: Rent Rolls
  • Legal Description: PROGRESSO 2-18 D LOT 11 BLK 56
  • Property ID: 494234020500

Listed by Homeinc Realty LLC

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Listing agent

— 1405 NE 5th Terrace —

  • Homeinc Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1405 NE 5th Terrace

School District:Broward County School District
NameGradesDistance
North Side Elementary School
120 Northeast 11th Street, Fort Lauderdale, FL 33304
PK-50.5 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
9-120.4 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 1405 NE 5th Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/02/2026
Listed
$849,990
382.95%
MLS
5/17/2013
Sold
$176,000
—
Public Record
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 1405 NE 5th Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,171
—
$653,940
9%
2024
$11,171
16%
$600,740
43%
2023
$9,593
15%
$420,620
7%
2021
$8,308
-7%
$394,380
-6%
2022
$8,896
7%
$420,620
33%
2021
$8,308
30%
$317,440
15%
2019
$6,379
42%
$276,290
55%
2018
$4,508
7%
$178,390
-6%
2017
$4,207
5%
$190,660
10%
2016
$4,012
11%
$173,330
29%
2015
$3,617
25%
$134,040
10%
2014
$2,884
9%
$121,860
16%
2013
$2,644
—
$105,500
—
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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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Homeinc Realty LLC

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1405 NE 5th Terrace, Fort Lauderdale, FL 33304 (MLS# B26010072) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1405 NE 5th Terrace is currently listed for $849,990 and was received on April 02, 2026. Want to learn more about 1405 NE 5th Terrace? Do you have questions about finding other Multi-Family 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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