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1325/1329/1333 NE 5th Terrace 1 Fort Lauderdale, FL $ 2,295,000
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1325/1329/1333 NE 5th Terrace 1
$ 2,295,000
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1325/1329/1333 NE 5th Terrace 1

Fort Lauderdale, FL
$ 2,295,000
Bedrooms-- Baths-- Sq 6,458

Monthly Estimate*

$ 14,131

1325/1329/1333 NE 5th Terrace 1, Fort Lauderdale, FL - Image 1
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1325/1329/1333 NE 5th Terrace 1, Fort Lauderdale, FL - Image 4
1325/1329/1333 NE 5th Terrace 1, Fort Lauderdale, FL - Image 5
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1325/1329/1333 NE 5th Terrace 1, Fort Lauderdale, FL - Image 7
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1325/1329/1333 NE 5th Terrace 1, Fort Lauderdale, FL - Image 12
1325/1329/1333 NE 5th Terrace 1, Fort Lauderdale, FL - Image 13
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Commercial Property for sale in Fort Lauderdale, FL

for $2,295,000. This 6,458 square foot building was built in 1948 on a lot size of 0.46.

The Hemingway at Middle River Terrace is an 11 unit apartment building. It is fully occupied and located in east Fort Lauderdale within an easy commute of everything the city has to offer. It consists of 3 separate buildings on a large lot of just under 1/2 an acre. There are 9 1/1s, one 2/1 and one 2/2 units. There is some development in the area of new construction residential units with more slated in the future. The neighborhood is in demand due to the affordable rents and proximity to downtown, the airport, port and highways. Some units are fully renovated and most have had updates within the last 5 years. All 3 buildings have a new roof and there is impact windows and doors throughout. The property is fully fenced and gated The units currently have individual deeds and can be sold off individually as condominiums.

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Commercial Active

Price

$ 2,295,000

Property Type

Commercial

Taxes

$ 38,800

Style

Lot Size

0.46

Year Built

1948

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

B26028545
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Available Sewer Connected Water Connected
Possession Subject To Tenant Rights
Roof Shingle
Security Features Smoke Detector(s)
Construction Materials Block Stucco
Year Built 1948
Electric 100 Amp Service
Stories Count 1
Levels One
Unit Number 1
Property Subtype Multi Family
Tax Year 2025
Gross Income 206400
Building Name The Hemingway at Middle River Terrace
Accessibility None
County Broward
Net Operating Income 115000
Operating Expense 85000
Insurance Expense 28000
New Construction false
Property Type Commercial Sale
Status Active
Directions From NE 13th St go north on Dixie Highway. Turn left on NE 14th Ct and left on 5th Terrace
City Fort Lauderdale
Number Of Units Total 11
MLS Area 3370
Tax Annual Amount 38800
Property Condition Resale
Trash Expense 3000
Virtual Tour https://www.propertypanorama.com/1325-NE-5th-Terrace-Unit-1-Fort-Lauderdale-FL/unbranded
Standard Status Active
Occupancy Type Tenant
Ownership Type Limited Partnership
Property Sub Type Additional Multi Family
Legal Description THE HEMINGWAY AT MIDDLE RIVER TERRACE CONDO UNIT 01 BLDG 1325 PER CDO BK/PG: 44379/4
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Interior
Flooring Ceramic Tile Laminate Wood
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Fencing Front Yard
Parking Features None
Lot Features City Lot Interior Lot 1/4 to 1/2 Acre Lot
Water Source Public
Total Parking 14
Lot Size Area 20250
Foundation Details Slab
Number of Buildings 3
Building Area Total 6458
Lot Size Acres 0.46
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Richard N Salter

Listing Agent

Affordability Calculator

$17,364
Per Month
81%
19%
0%
Monthly Principal & Interest
$14,131
Monthly Property Taxes
$3,233
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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
5/15/2026$2,295,000 Listed Price

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1325/1329/1333 NE 5th Terrace 1, Fort Lauderdale, FL, is a Commercial Property for sale at $2,295,000 with 6,458 sqft and a lot size of 0.46. 1325/1329/1333 NE 5th Terrace 1 was built in 1948. The property's zip code is which is in Fort Lauderdale, FL

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