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$550,000 Just Listed
Property Description
This beautifully Updated property has NO HOA and offers excellent flexibility and income potential. Originally configured as a 4 bedroom, 2 bathroom home, it has been thoughtfully divided into a spacious 3 bedrooms 1 bath main residence and a large, fully updated 1 bedroom 1 bath studio. perfect for investors or owner occupants seeking rental income, this property provides an outstanding opportunity to maximize cash flow while enjoying a prime location. Don't miss this unique opportunity in one of Oakland park's most desirable neighborhoods. All ages and pets are welcome!
Full Property Details
Full Property Details for 5920 NE 1st Terrace
General
- Price: $550,000
- Taxes: $8,475 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A12030561
- Updated: Today (6/3/2026)
- Added to Site: Today
Interior
- Interior Features: First Floor Entry, Studio Apartment
- Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self-Cleaning Oven, Washer
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
- Bedroom Features: Entry Level
Other Rooms
- Living Room: Studio Apartment Sq. Ft.
Exterior
- Exterior Features: Room for Pool
Parking
- Parking Features: Driveway
Location
- Area: Patterson Park 2 Add
- County: Broward County
- Subdivision: PATTERSON PARK 2 ADD
- Building Name: PATTERSON PARK 2 ADD
- Driving Directions: Use your google maps
- Direction Faces: East
School Information
- Elementary School: North Andrews Gardens
- Middle School: James S. Rickards
- High School: Northeast
Community
- Community Name: Patterson Park 2 Add
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Electric
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, One Story
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Building Size: 1632
- Square Feet: 1,560
- Living Area: 1,560 Sq. Ft.
- Year Built: 1965
Lot Features
- Property View: Garden
- Lot Size (Sq. Ft.): 6,000
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Zoning: R-1B
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $352.56
- Tax Amount: $8,475
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA
Disclosures and Reports
- Legal Description: PATTERSON PARK 2 ADD 54-2 B LOT 4 BLK 12
- Restrictions: No Restrictions
- Property ID: 494210090320
Listed by United Realty Group, Inc
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Schools
Schools serving 5920 NE 1st Terrace
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
North Andrews Gardens Elementary School 345 Ne 56th St, Oakland Park, FL 33334 | K-5 | 0.3 mi |
James S. Rickards Middle School 6000 Northeast 9th Avenue, Oakland Park, FL 33334 | 6-8 | 0.7 mi |
Northeast High School, Oakland Park, FL 700 Ne 56th St, Oakland Park, FL 33334 | 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 5920 NE 1st Terrace
Date
Details
Price
Change
Source
6/03/2026
Listed
$550,000
59.65%
MLS
4/25/2023
Sold
$344,500
—
Public Record
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
Tax History for 5920 NE 1st Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,475
9%
$385,060
1%
2024
$7,771
—
$380,380
12%
2024
$7,771
300%
$338,630
233%
2023
$1,942
15%
$101,540
6%
2021
$1,692
-6%
$95,720
-3%
2022
$1,804
7%
$98,590
4%
2021
$1,692
10%
$94,400
2%
2019
$1,538
5%
$92,280
2%
2018
$1,470
1%
$90,560
2%
2017
$1,452
1%
$88,700
2%
2016
$1,432
-1%
$86,880
1%
2015
$1,447
—
$86,280
1%
2014
$1,440
1%
$85,600
1%
2013
$1,426
—
$84,340
—
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 5920 NE 1st Terrace
5920 NE 1st Ter, Oakland Park, FL 33334 (MLS# A12030561) is a Single Family property with 4 bedrooms and 2 full bathrooms. 5920 NE 1st Ter is currently listed for $550,000 and was received on June 03, 2026. Want to learn more about 5920 NE 1st Ter? Do you have questions about finding other Single Family real estate for sale in Oakland Park? You can browse all Oakland Park real estate or contact a Coldwell Banker agent to request more information.
