1350 NE 5th Ter # 1-28, Fort Lauderdale, FL 33304

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Income/MultiFamily

1350 NE 5th Ter # 1-28, Fort Lauderdale, FL 33304Closed - 05/06/2026

$6,300,000 Built: 1972

N/A N/A N/A

Type of PropertyIncome/MultiFamily

Style of PropertyApartments

Property Ft²20,622

Living Ft²

Price per Ft²N/A

PetsN/A

WaterfrontN/A

PoolN/A

FurnitureN/A

Property description of Income/MultiFamily

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.

Exterior Features

No information about Exterior Features.

Interior Features

No information about Interior Features.

Amenities

No information about Amenities.

Equipment/Appliances

No information about Equipment/Appliances.

Property Features

Name

MLSA11927736

Last Update125 days

ForeclosureN/A

Short SaleN/A

Parking

Lot Ft²35,087

Approx. Lot Size

Balcony/PorchN/A

Boat DockN/A

Pet Restrictions

Floor Number

Cooling Description

Heating DescriptionCentral Individual A/C

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Construction

Floor Type

Maintenance Fees

Association Fees

Taxes$51,982

Property contact form

Gladys Martinez PA305-321-7889954-743-1905gmrealtor7@gmail.com

City

Fort Lauderdale

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Condo

View condo details

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MLS Data Source: Miami Association of REALTORS. Copyright SEFMLS © 2026
Listing is a courtesy of Fausto Commercial Realty Consultants Inc. Office (786-748-7373). Agent (elevi@faustocommercial.com, 954-743-7594).
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

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Name	Address	Type	# of Students	Grades	Distance
Fort Lauderdale High School	1600 NE 4TH AVE	public	2228	9 - 12	0.34 mi
North Side Elementary School	120 NE 11TH ST	public	329	PK - 5	0.51 mi
Sunrise High School	424 W SUNRISE BLVD	public	430	9 - 12	0.85 mi
Sunrise Middle School	1750 NE 14TH ST	public	1242	6 - 8	0.91 mi
Bennett Elementary School	1755 NE 14TH ST	public	329	PK - 5	0.93 mi
Thurgood Marshall Elementary School	800 NW 13TH ST	public	335	PK - 5	0.95 mi
Pace Center For Girls Inc.	2225 N ANDREWS AVE	public	57	6 - 12	1.03 mi
Wilton Manors Elementary School	2401 NE 3RD AVE	public	572	PK - 5	1.06 mi
Little Flower Montessori School	519 NE 26TH ST	private	34	PK - 6	1.08 mi
Holy Temple Christian Academy	1800 NW 9TH AVE	private	169	PK - 12	1.11 mi
Delmar Arts Academy	1400 N FEDERAL HWY	private	21	PK - 3	1.22 mi
Fidelis Academy	1999 NW 9TH AVE	private	77	PK - 8	1.25 mi
Mount Bethel Christian Academy	901 NW 11TH AVE	private	80	PK - 8	1.33 mi
Bayview Elementary School	1175 MIDDLE RIVER DR	public	552	KG - 5	1.33 mi
St Anthony Catholic School	820 NE 3RD ST	private	409	PK - 8	1.33 mi
Virginia Shuman Young Elementary School	101 NE 11TH AVE	public	675	PK - 5	1.45 mi
Sunland Park Academy	919 NW 13TH TER	public	415	PK - 3	1.45 mi
Somerset Academy Village Charter Middle School	225 NW 29TH ST	public	161	6 - 8	1.47 mi
Somerset Village Academy	225 NW 29TH ST	public	242	KG - 5	1.47 mi
Northstar Academy Of Hillsborough County East	ONE EAST BROWARD BLVD	public	N/A	6 - 12	1.49 mi
Northstar Academy Of Miami-dade County	ONE EAST BROWARD BOULEVARD SUITE 1111	public	N/A	6 - 12	1.49 mi
Leadership Preparatory Academy	219 NW 19TH AVE	private	25	6 - 7	1.5 mi
Walker Elementary School	1001 NW 4TH ST	public	539	PK - 5	1.62 mi
Oakland Park Elementary School	936 NE 33RD ST	public	576	PK - 5	1.69 mi
The International Family Academy	615 NW 14TH WAY	private	68	PK - 12	1.74 mi
S.o.u.l. Academy	615 NW 14TH WAY	private	97	PK - 12	1.74 mi
St Mark's Episcopal School	1750 E OAKLAND PARK BLVD	private	324	PK - 8	1.78 mi
Care And Share Uxbridge Christian Academy	3260 N ANDREWS AVE	private	37	PK - 3	1.78 mi
Jack And Jill Children's Center	100 SW 9TH AVE	private	88	PK - 5	1.82 mi
Lighthouse Christian Academy	801 NE 34TH CT	private	38	2 - 12	1.85 mi
Happyland Day School	451 TARPON DR	private	13	PK	1.9 mi
North Fork Elementary School	101 NW 15TH AVE	public	358	PK - 5	2.1 mi
Hospital Homebound Services	1701 NW 23RD AVE	public	24	PK - 12	2.18 mi
Dillard Elementary School	2330 NW 12TH CT	public	624	PK - 5	2.2 mi
Rock Island Elementary School	2350 NW 19TH ST	public	454	PK - 5	2.26 mi
Bethany Christian School	880 S FEDERAL HWY	private	246	PK - 8	2.28 mi
Gateway Christian Academy	2130 NW 26TH ST	private	83	PK - 5	2.32 mi
Dillard 6-12	2501 NW 11TH ST	public	2279	6 - 12	2.36 mi
Mlmpi Prep Academy 2	2913 NW 21ST AVE	private	31	6 - 12	2.43 mi
Broward Detention Center	222 NW 22ND AVE	public	75	6 - 12	2.44 mi
Lloyd Estates Elementary School	750 NW 41ST ST	public	444	PK - 5	2.44 mi
Murl Windsor Academy At Hollywood	110 SW 11 ST	private	83	PK - 12	2.44 mi
William Dandy Middle School	2400 NW 26TH ST	public	784	6 - 8	2.49 mi
Kla School Of Fort Lauderdale	2857 E OAKLAND PARK BLVD	private	6	PK	2.56 mi
Charter School Of Excellence	1217 SE 3RD AVE	public	211	KG - 5	2.57 mi
Permission To Succeed Academy	1600 SW 5TH PLACE, STE 1	private	15	PK - 12	2.57 mi
Pride & Joy Learning	400 W PROSPECT RD	private	44	PK - 2	2.65 mi
Sunfire High School Of Lee County	2360 OAKLAND BLVD	public	N/A	9 - 12	2.68 mi
Stranahan High School	1800 SW 5TH PL	public	1438	9 - 12	2.71 mi
The Embassy Academy	2516 W OAKLAND PARK BLVD	private	96	PK - 12	2.78 mi
Harbordale Elementary School	900 SE 15TH ST	public	487	PK - 5	2.9 mi
Elite Academy School Of Excellence	3970 NW 21ST AVE	private	61	PK - 12	2.93 mi
Mount Olivet Seventh-day Adventist School	3013 NW 11TH ST	private	13	PK - 8	2.95 mi