There is no favorite listings!
* Required Fields
Property Description

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.

Address Map
FL
Broward County
Fort Lauderdale
33304
1350 NE 5th Ter # 28
W81° 51' 42.7''
N26° 8' 38.2''
MLS Addon
1 To 3 Year Lease
All Cash, Conventional/refinance
1
Sale
$51,982
2024
Click Here
Public
RM-15
28
14/12/2025 18:04:18

1350 NE 5th Ter # 28, Fort Lauderdale, Florida 33304

$6,500,000
35,087 size sq.ft.
Listing ID #A11927736
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A11927736
Price $6,500,000
Year Built 1972
Days on Market 0
Building Area 20,622 Sqft
Status Active
Property SubType Income/multifamily
Parent 1081430
Lot Area 35,087 Sqft
List Date 2026-03-14
On Market Date 14/12/2025
Elena Beck
MiamiInvestrealty
* Required Fields
Style Selector
Select the layout
Choose the theme
Preset colors
No Preset
Select the pattern