1405 NE 5th Terrace Fort Lauderdale, FL $ 848,990
1405 NE 5th Terrace
$ 848,990
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1405 NE 5th Terrace

Fort Lauderdale, FL, 33304
$ 848,990
Baths0.0 Sq 2,106

Monthly Estimate*

$ 5,227

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Studio

Multi-Family Home for sale in Fort Lauderdale, FL

for $848,990. This 2,106 square foot home was built in 1949 on a lot size of 0.16.

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.

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Multi-Family Active

Price

$ 848,990

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 12,398

Style

Lot Size

0.16

Year Built

1949

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

B26010072

Features
General
Sewer Public Sewer
Heating None
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Sewer Connected
Possession Negotiable
Roof Slate
Construction Materials Block
Pets Allowed Call Yes
Year Built 1949
Tenant Pays Cable TV
Property Subtype Quadruplex
Tax Year 2025
County Broward
New Construction false
Property Type Residential Income
Subdivision Name PROGRESSO
Status Active
High School Fort Lauderdale
City Fort Lauderdale
Senior Community Y/N false
Number Of Units Total 4
MLS Area 3370
Elementary School North Side
Tax Annual Amount 12398.86
Middle/Junior High School Sunrise
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/1405-NE-5th-Terrace-Fort-Lauderdale-FL-33304/unbranded
Standard Status Active
Property Sub Type Additional Quadruplex
Legal Description PROGRESSO 2-18 D LOT 11 BLK 56
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Interior
Flooring Tile
Total Stories 1
Air Conditioning Y/N true
Heating Y/N false
Total Baths 0
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Exterior
Exterior Amenities Other
Lot Features < 1/4 Acre
Water Source Public
Total Parking 4
Lot Size Area 6760
Building Area Total 2106
Lot Size Acres 0.16
Waterfront Y/N false
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* Excluded Features
List By
Peter Cacciatore

Listing Agent

Affordability Calculator

$6,261
Per Month
83%
17%
0%
Monthly Principal & Interest
$5,227
Monthly Property Taxes
$1,033
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4678045 Elementary School
4205704 Middle School
Fort Lauderdale High School High School
Pricing History
Date Price Price Change Description
4/16/2026 $848,990 -0.12% Price Down
4/2/2026 $849,990 Listed Price

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1405 NE 5th Terrace, Fort Lauderdale, FL, 33304 is a Multi-Family Home for sale at $848,990 with 2,106 sqft and a lot size of 0.16. 1405 NE 5th Terrace is a studio with 0.0 baths and was built in 1949. The property's zip code is 33304 which is in Fort Lauderdale, FL