NEW
- MLS® #: A11927736
- 1350 Ne 5th Ter 1-28
- Fort Lauderdale, FL 33304-1151
- $6,500,000
- Business
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.
View Virtual TourEssential Information
- MLS® #A11927736
- Price$6,500,000
- CAD Dollar$8,953,588
- UK Pound£4,861,734
- Euro€5,531,968
- Bathrooms0.00
- Acres0.00
- Year Built1972
- TypeBusiness
- Sub-TypeMulti Family
- StatusActive
Community Information
- Address1350 Ne 5th Ter 1-28
- Area3380
- CityFort Lauderdale
- CountyBroward
- StateFL
- Zip Code33304-1151
Interior
- HeatingCentral
- CoolingCentral Air
Exterior
- WindowsImpact Glass
- Office: Fausto Commercial Realty Consultants Inc
Property Location
1350 Ne 5th Ter 1-28 on www.jupiteroceanfronthomes.us
Offered at the current list price of $6,500,000, this home for sale at 1350 Ne 5th Ter 1-28 features 0 bedrooms and 0 bathrooms. This real estate listing is located in of Fort Lauderdale, FL 33304-1151 . 1350 Ne 5th Ter 1-28 is listed under the MLS ID of A11927736 and has been on the Fort Lauderdale real estate market for 0 days.Similar Listings to 1350 Ne 5th Ter 1-28
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