1350 NE 5th Ter 1-28, Fort Lauderdale, FL, 33304
Save
Ask
Tour
Hide
$6,500,000
1 Day On Site
1350 NE 5th Ter 1-28Fort Lauderdale, FL 33304
For Sale|Multi Family|Active
0
Beds
0
Total Baths
20,622
SqFt
$315
/SqFt
1972
Built
County:
Broward
Call Now: +1 (786) 603-3075
Is this the listing for you? We can help make it yours.
+1 (786) 603-3075
Save
Ask
Tour
Hide
Mortgage Calculator
Monthly Payment (Est.)
$29,656Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.
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.
Save
Ask
Tour
Hide
Listing Snapshot
Price
$6,500,000
Days On Site
1 Day
Bedrooms
N/A
Inside Area (SqFt)
20,622 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
35,087 Acres
Year Built
1972
MLS® Number
A11927736
Status
Active
Property Tax
$51,982
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| yesterday | Listing first seen on site | |
| yesterday | Listing updated with changes from the MLS® |
General Features
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
20622
Water Source
Public
Zoning
RM-15
Interior Features
Cooling
Central Air
Heating
Central
Save
Ask
Tour
Hide
Community Features
Financing Terms Available
CashConventional
MLS Area
3380
Listing courtesy of Fausto Commercial Realty Consultants Inc
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2025, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2025, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.