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

Commercial For Sale
$2,295,000

BTC: 35.75344982

ETH: 1,301.80267054

39 days
0 room(s)

Overview

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.

Location

Florida • Fort Lauderdale • 33304 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
None / No Rv/Boats
Year Built:
1948
Lot:
0.46 Acres
Heating:
Central
Price/sqft:
No Data
Cooling:
Central Individual A/C / Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,999,999
$669K – $4.0M
Confidence Low
List vs. estimate
$295K above estimate
List $2,295,000 · +14.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
11 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$38,800
2025
Parking
14 spaces
All facts and features

  • Flooring

    • Ceramic Floor

    • Wood

    Heating

    • Central

    Cooling

    • Central Individual A/C

    • Central Air

  • Parking

    • None

    • No Rv/Boats

    Property

    • Levels: 1

    Lot

    • Lot: 0.46 Acres

    Other Property Information

    • Parcel Number: 494234ea0010

    • Zoning: RM-15

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Utility

    • Cable Connected

    • Electricity Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $38,800

  • Source details

    • MLS ID: B26028545

    Other facts

    • Construction Materials: Concrete Block Construction / Slab Construction / Stucco / Sheet Rock

    • Lot Features: City Location / 1/4 To Less Than 1/2 Acre Lot / Interior Lot / Less Than 1 Acre

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33304
561
median $840K
Active
Same city
Fort Lauderdale
2,896
median $704K
Active
Same type
Commercial
179
median $1.5M
Active
Similar price
$1.6M – $3.0M
313
median $2.1M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC