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
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MLS #A11927736 image #0
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:
Pending
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
Listed Date:
Dec 14, 2025
Total Sq Ft:
20,622
Year Built:
1972
Apartments

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Schools

Interior

Heating
Central Individual A/C

Exterior

Window Features
Clear Impact Glass

Financial

Tax Year
2024
Taxes
$51,982

Map

Community

Subdivisions in Fort Lauderdale

Market Summary

Current real estate data for Commercial in Fort Lauderdale as of May 01, 2026
131
Commercial Listed
207
Avg DOM
$1,007,274
Avg List Price

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 To schedule a showing of MLS#a11927736 at 1350 NE 5th Ter # 28 in Fort Lauderdale, FL, contact your CENTURY 21 Carioti agent at 2392986550.

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1350 NE 5th Ter # 28
Fort Lauderdale, FL