1325/1329/1333 Ne 5th Terrace Unit #1, Fort Lauderdale, FL 33304

$2,295,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,295,000
MLS#
B26028545
Status
ACTIVE
Type
Commercial

Property Description

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.

Additional Information

Days on Market
94
Tax Amount
$38,800
Water Access
Building Only, Business And Building
Parcel Number
494234ea0010
Lot Size
20,250
Directions
From NE 13th St go north on Dixie Highway. Turn left on NE 14th Ct and left on 5th Terrace
Address
1325/1329/1333 Ne 5th Terrace Unit #1, Fort Lauderdale
Year Built
1948

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy of Compass Florida, LLC, Contact: