1325/1329/1333 NE 5th Terrace 1
1, 1325/1329/1333, 5th, Fort Lauderdale, FL, 33304Basics
- Category: CommercialSale
- Type: Multifamily
- Status: Active
- Bathrooms: 0
- Floors: 1, 1
- Year built: 1948
- County: Broward
- MLS ID: B26028545
Description
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Description:
THE HEMINGWAY AT MIDDLE RIVER TERRACE CONDO UNIT 01 BLDG 1325 PER CDO BK/PG: 44379/4 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.
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Location
- Directions: From NE 13th St go north on Dixie Highway. Turn left on NE 14th Ct and left on 5th Terrace
- Lot Size Acres: 0.46 acres
Building Details
- Building Name: The Hemingway at Middle River
- Water Source: Public
- Lot Features: LessThanOneAcre,InteriorLot,QuarterToHalfAcreLot
- Sewer: PublicSewer
- Construction Materials: Block,Stucco
- Covered Spaces: 0
- Foundation Details: Slab
- Levels: One
- Number Of Buildings: 3
- Floor covering: CeramicTile, Hardwood, Wood
Amenities & Features
- Parking Features: None
- Security Features: SmokeDetectors
- Parking Total: 14
- Roof: Composition,Shingle
- Utilities: CableAvailable,ElectricityAvailable,SewerAvailable,WaterAvailable
- Cooling: CentralAir
- Electric: Amps100
- Heating: Central
Expenses, Fees & Taxes
- Trash Expense: $3,000
- Utilities Expense: $5,500
- Tax Annual Amount: $38,800
- Insurance Expense: $28,000
- Tax Year: 2025
Miscellaneous
- List Office Name: Compass Florida, LLC
- Listing Terms: Cash,Conventional
Ask our real estate expert about this property
This Multifamily-type commercial real estate is located in 1, 1325/1329/1333, 5th, Fort Lauderdale, FL, 33304 was built in 1948, and is listed at $2,295,000.