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

$2,295,000

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0.46

Acres

About 1325/1329/1333 Ne 5th Terrace #1

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.

Features of 1325/1329/1333 Ne 5th Terrace #1

MLS® # B26028545
Price $2,295,000
Acres 0.46
Year Built 1948
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 1325/1329/1333 Ne 5th Terrace #1
Area 3370
City Fort Lauderdale
County Broward
State FL

Amenities

Utilities Cable Available, Electricity Available, Sewer Connected, Water Connected
Parking None

Interior

Heating Central
Cooling Central Air, Central Individual
# of Stories 1

Exterior

Lot Description Interior Lot
Roof Shingle
Construction Block, Stucco

Additional Information

Zoning RM-15
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCompass Florida, LLC

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