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$667,000
3 Beds ⋅ 3 Baths ⋅ B26070652 MLS
NO HOA. Fee Simple. This bright welcoming home boasts modern CBS construction, contemporary interior design, insulated/ AC garage (perfect for home gym) UPDATED LG SMART appliances, wifi connected LED int/ext lighting, all Kohler fixtures, EV hookup, IMPACT windows and doors throughout. The well-proportioned layout has everything. High-ceilings and Northern exposure provide unparalleled natural light. The massive deck space allows for year-round sunbathing. Fully fenced side/back yard, locked gate front entry, shaded patio walkway. Clear choice for buyers seeking solid residential investment with functional appeal. Walk to Wilton Drive 0.6mi, FTL Beach 2.7mi. FLL airport 15mins via Rt 1. GORGEOUS park across the street has mature trees, walking paths, playgrounds, and is dog friendly.

1323 NE 5TH Terrace Unit 1323, Fort Lauderdale
$665,000
3 Beds ⋅ 3 Baths ⋅ A12042854 MLS ⋅ Progresso BLDG.
PRICE REDUCED!!!! IF YOU ARE DREAMING ON LIVING ON THE EAST SIDE, WITH NO HOA, AND A GREAT LOCATION CLOSE TO EVERYTHING, THIS IS THE HOME FOR YOU !!! THIS SPACIOUS, UPGRADED THREE BEDROOM, TWO AND A HALF BATHROOM IN PROGRESSO HAS IT ALL !!! CHEFS DREAM KITCHEN WITH NEW STAINLESS STEEL REFRIGERATOR, STOVE, DISHWASHER, MICROWAVE, GRANITE COUNTERS AND PLENTY OF CABINETS. OPEN AREA TO LIVING/DINING COMBO WITH HUGE SLIDERS TO THE FENCED IN BACKYARD AND DECK. BEAUTIFUL WOODEN STAIRCASE WITH WROUGHT IRON FEATURES LEAD TO THE THREE HUGE BEDROOMS – PRIMARY ENSUITE HAS LARGE WALK IN CLOSET AND SITTING AREA, DUAL SINKS IN BATHROOM, TOILET CLOSET AND ENORMOUS TWO HEADED WALK IN SHOWER!!! OTHER BEDROOMS ARE CONNECTING WITH SECOND BATHROOM FEATURING TUB/SHOWER COMBO. FULL SIZE NEW WASHER AND DRYER. HALF BATH FIRST FLOOR. ONE CAR GARAGE. BRAND NEW AC UNIT AND ARTIFICIAL TURF FOR MAINTENANCE FREE BACKYARD. ALARM SYSTEM. IMPACT WINDOWS THROUGHOUT. CLOSE TO EVERYTHING FORT LAUDERDALE HAS TO OFFER INCLUDING RESTAURANTS, SHOPPING, AND DOWNTOWN NIGHT LIFE. THIS ONE IS WAITING FOR YOU – SCHEDULE YOUR SHOWING TODAY BEFORE SOMEONE ELSE DOES !!!

1321 NE 5th Terrace, Fort Lauderdale
$679,850
B26033810 MLS
Rare opportunity to acquire an income producing duplex (1 Bedroom/1 Bathroom each side) with additional development capacity in Fort Lauderdale's rapidly developing Studio City at over 40% below market value. Located on NE 5th Terrace, less than one block from NE 13th Street, the property is under a 60 second walk from the heart of Studio City: Fort Lauderdale's emerging arts and entertainment district, featuring an eclectic mix of independent businesses like Gulfstream Brewing Co, Lovelee Bakeshop, Radio-Active Records and other popular neighborhood destinations. Situated at the crossroads of Flagler Village & Wilton Manors, the area offers a vibrant, walkable neighborhood experience with a youthful, creative energy often compared to early Wynwood. Surrounded by ongoing new development, the area continues to attract investors & developers who recognize its long term potential. This property should not be viewed solely as a duplex or solely as a land play; the true value is in both. The existing duplex (that has separate water & electric meters) can remain in place and continue generating income while 8 additional units are developed on the same lot, for a total of 10 units, without tearing down the current structure. The included site plan shows viable layout, parking, & access. A preliminary development meeting with the city has been held; representatives from every relevant department (planning, zoning, engineering, landscape, etc) were present and confirmed that the site plan is feasible and compliant with current code and zoning regulations. Land comps:$91k-$117k per unit sold, $129k-$162k per unit active. Active & sold multifamily comps:$200k(not renovated)-$320k(fully renovated) per unit. Subject property: partially renovated duplex + 8 units of buildable land; market value ~$1.2M. 1 bed rents:$1.6k-$2.3k/mo. Build cost ~$1.2M. All in:~$2M. Projected value:$3M+ = $1M+ instant equity upon completion. Potential ~10% cap rate. Seller will finance. Property is in a Qualified Opportunity Zone, which offers the potential for major tax benefits including deferring taxes, reducing capital gains taxes, and potentially paying no tax at all on the profit when you sell the property; consult tax professional for details and eligibility. See photos & attachments for details on location, plans, and comps. Call listing agent for more information.

1219 NE 5th Terrace Unit 1-2, Fort Lauderdale
$679,850
B26033788 MLS
Rare opportunity to acquire an income producing duplex (1 Bedroom/1 Bathroom each side) with additional development capacity in Fort Lauderdale's rapidly developing Studio City at over 40% below market value. Located on NE 5th Terrace, less than one block from NE 13th Street, the property is under a 60 second walk from the heart of Studio City: Fort Lauderdale's emerging arts and entertainment district, featuring an eclectic mix of independent businesses like Gulfstream Brewing Co, Lovelee Bakeshop, Radio-Active Records and other popular neighborhood destinations. Situated at the crossroads of Flagler Village & Wilton Manors, the area offers a vibrant, walkable neighborhood experience with a youthful, creative energy often compared to early Wynwood. Surrounded by ongoing new development, the area continues to attract investors & developers who recognize its long term potential. This property should not be viewed solely as a duplex or solely as a land play; the true value is in both. The existing duplex (that has separate water & electric meters) can remain in place and continue generating income while 8 additional units are developed on the same lot, for a total of 10 units, without tearing down the current structure. The included site plan shows viable layout, parking, & access. A preliminary development meeting with the city has been held; representatives from every relevant department (planning, zoning, engineering, landscape, etc) were present and confirmed that the site plan is feasible and compliant with current code and zoning regulations. Land comps:$91k-$117k per unit sold, $129k-$162k per unit active. Active & sold multifamily comps:$200k(not renovated)-$320k(fully renovated) per unit. Subject property: partially renovated duplex + 8 units of buildable land; market value ~$1.2M. 1 bed rents:$1.6k-$2.3k/mo. Build cost ~$1.2M. All in:~$2M. Projected value:$3M+ = $1M+ instant equity upon completion. Potential ~10% cap rate. Seller will finance. Property is in a Qualified Opportunity Zone, which offers the potential for major tax benefits including deferring taxes, reducing capital gains taxes, and potentially paying no tax at all on the profit when you sell the property; consult tax professional for details and eligibility. See photos & attachments for details on location, plans, and comps. Call listing agent for more information.

1219 NE 5th Terrace, Fort Lauderdale
$679,850
B26033753 MLS
Rare opportunity to acquire an income producing duplex (1 Bedroom/1 Bathroom each side) with additional development capacity in Fort Lauderdale's rapidly developing Studio City at over 40% below market value. Located on NE 5th Terrace, less than one block from NE 13th Street, the property is under a 60 second walk from the heart of Studio City: Fort Lauderdale's emerging arts and entertainment district, featuring an eclectic mix of independent businesses like Gulfstream Brewing Co, Lovelee Bakeshop, Radio-Active Records and other popular neighborhood destinations. Situated at the crossroads of Flagler Village & Wilton Manors, the area offers a vibrant, walkable neighborhood experience with a youthful, creative energy often compared to early Wynwood. Surrounded by ongoing new development, the area continues to attract investors & developers who recognize its long term potential. This property should not be viewed solely as a duplex or solely as a land play; the true value is in both. The existing duplex (that has separate water & electric meters) can remain in place and continue generating income while 8 additional units are developed on the same lot, for a total of 10 units, without tearing down the current structure. The included site plan shows viable layout, parking, & access. A preliminary development meeting with the city has been held; representatives from every relevant department (planning, zoning, engineering, landscape, etc) were present and confirmed that the site plan is feasible and compliant with current code and zoning regulations. Land comps:$91k-$117k per unit sold, $129k-$162k per unit active. Active & sold multifamily comps:$200k(not renovated)-$320k(fully renovated) per unit. Subject property: partially renovated duplex + 8 units of buildable land; market value ~$1.2M. 1 bed rents:$1.6k-$2.3k/mo. Build cost ~$1.2M. All in:~$2M. Projected value:$3M+ = $1M+ instant equity upon completion. Potential ~10% cap rate. Seller will finance. Property is in a Qualified Opportunity Zone, which offers the potential for major tax benefits including deferring taxes, reducing capital gains taxes, and potentially paying no tax at all on the profit when you sell the property; consult tax professional for details and eligibility. See photos & attachments for details on location, plans, and comps. Call listing agent for more information.

1219 NE 5th Terrace Unit 1-2, Fort Lauderdale
$664,000
3 Beds ⋅ 2 Baths ⋅ F10549805 MLS
Discover this beautifully updated home in the heart of Fort Lauderdale's Middle River Terrace neighborhood. This charming 3-bedroom, 2-bathroom residence boasts an open-concept living area with ample natural light and modern finishes throughout. The kitchen features stainless steel appliances, granite countertops, and plenty of cabinet space, perfect for those who love to cook. Step outside to your private fenced backyard, ideal for relaxing or entertaining guests. This home also offers off-street parking, central air conditioning, and a washer/dryer for your convenience. Located just minutes from Las Olas Boulevard, downtown Fort Lauderdale, and the beach, you'll enjoy easy access to shopping, dining, and entertainment. Home is a fully functioning short term vacation rental!

820 NE 17th Street, Fort Lauderdale