1350 NE 5th Ter # 28 Fort Lauderdale FL 33304 MLS #A11927736
1350 NE 5th Ter # 28
Fort Lauderdale, FL, 33304
$6,500,000
Beds
0 Baths
0 SqFt
0 Acres
$6,500,000
1350 NE 5th Ter # 28
Fort Lauderdale, FL, 33304
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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.

Property Details

Price:
$6,500,000
MLS #:
A11927736
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
Listed Date:
Dec 14, 2025
Total Sq Ft:
20,622
Year Built:
1972
Apartments

Schools

Interior

Heating
Central Individual A/C

Exterior

Financial

Tax Year
2024
Taxes
$51,982
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Current real estate data for Commercial in Fort Lauderdale as of Mar 19, 2026
127
Commercial Listed
199
Avg DOM
$1,107,427
Avg List Price

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Property Summary

    1350 NE 5th Ter # 28 Fort Lauderdale FL is a Commercial for sale in Fort Lauderdale, FL, 33304. It is listed for $6,500,000
1350 NE 5th Ter # 28
Fort Lauderdale, FL