Middle River Terrace, 1219 NE 5th Ter, Fort Lauderdale, FL 33304

550,000(-9.27% )
$499,000Price
1,000SqFt

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Details

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Status:
Active
Size: 1,000 SqFt (93 m2)
Price: $499/SqFt ($5,371/m2)
Type: Multi Family
Built: 1957
MLS Number: F10482186
On Site: 189 Days
Updated: 20 Days ago
Page Views: 0
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.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: WallFurnace
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Terrazzo,Tile
        • Year Built: 1957
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-01-22T11:04:54.000-00:00
          Taxes, Fees & More
          • Taxes: 6355
          • Total Units in Building: No info

          Price History

          04/16/2025

          Date

          Price Reduced

          Event

          $499K

          Price

          -9.27%

          Change Rate

          $499 ft2 / $5,371 m2

          Price Per

          01/22/2025

          Date

          Listed

          Event

          $550K

          Price

          $550 ft2 / $5,920 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Corbin MitchellColdwell Banker Realty • Buyer Agency Compensation .

          Instant Comps

          $100/ft²
          $300/ft²
          $600/ft²
          $900/ft²

          Unit 1219 NE 5th Ter – Asking

          $499/ft²

          (+24%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $402/ft²
          Community $/Price Range (Closed) $231/ft² – $703/ft²
          No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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