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About This Home
This 0-bedroom, 0-bathroom residential multi family at 1325 NE 5th Terrace in Fort Lauderdale, FL is listed for $2,295,000 ($4,456 per sqft). Built in 1948, the home offers 515 sqft of living space on a 0.46 acres lot.
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.
Key Features
- Built in 1948
- 0.46 acre lot
- 14 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$12,274/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1325 NE 5th Terrace
Fort Lauderdale, FL
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 1325 NE 5th Terrace is listed at $2,295,000 ($4,456/sqft). The estimated monthly payment is $9,945 based on 20% down at 6.5% interest.
Key features include: Built in 1948, 0.46 acre lot, 14 parking spaces.
This property is listed by Richard N Salter and can be reached at 9548124801 or richard.salter@compass.com.
