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Multifamily Residential
$6,500,000
1350 NE 5th Ter #1-28, Fort Lauderdale, FL

A11927736

133 of 149 for Sale
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an agent
  • Listed On:

    Dec 14, 2025
  • Days on Market:

    19
  • Year:

    1972
  • Taxes:

    $51,982 per year
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

1350 NE 5th Ter #1-28, Fort Lauderdale, FL A rare opportunity to acquire a 28-unit property in Fort Lauderdale’s highly sought-after Middle River Terrace, featuring an unbeatable unit mix of all 2BD/1BA apartments—half fully renovated. The property offers brand-new impact windows and doors, a completed 40-year recertification, plenty of parking, and substantial upside, with recent renovations resulting in approximately 10 current vacancies. At full occupancy, the asset delivers nearly an 8% cap rate, making it an exceptional cash-flow opportunity in one of the city’s strongest rental corridors. Ideally located just minutes from Wilton Drive, Downtown, Las Olas, the beach, and FLL Airport, this property offers stability, income growth, and long-term appreciation potential.

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For Sale Details

  • Heating Description

    Central Individual A/C

  • Photo Count

    31

  • Property Type

    Commercial Sale

  • SqFt Total

    35087

  • Terms Considered

    All Cash, Conventional/Refinance

  • Year Built

    1972

Any questions about Multifamily Residential?
Contact our Fort Lauderdale Real Estate Specialist today.

Need to sell your condo at Multifamily Residential?

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