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1325/1329/1333 NE 5th Terrace 1, Fort Lauderdale, FL (MLS# B26028545)

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

New Listing
$2,295,000
Property Type: Commercial Sale Square Footage: 6,458 Status: Active
Current Price: $2,295,000 List Date: 5/14/2026 Last Modified: 5/15/2026

Overview

Description

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

Supplements: The units currently have individual deeds and can be sold off individually as condominiums.

Listing Details MLS# B26028545

General Property Information

Number Of Buildings
3
Property Sub Type
Multi Family
Number Of Units Total
11
Price Per Unit
208636
Occupant Type
Tenant
Building Area Main
6458
Building Area Source
Public Records
Adjusted Area Main
6458
Year Built
1948
Parking Total
14
Lot Size Area
20250
Lot Size Acres
0.46
Accessibility Features YN
No
Stories Total
Yes
Stories
Yes
Leasable Area
6458

Property Features

Ceiling: Drywall Documents Available: Copy Of Lease(s); Owner Managed; Rent Rolls Electric: 100 Amp Service Fencing: Front Yard Flooring: Ceramic Tile; Laminate; Wood Foundation Details: Slab Heating: Central Location of Property: City Location Parking Features: None Possession: Subject To Tenant Rights Property Condition: Resale Sale Includes: Building; Leases; Trade Name Special Listing Conditions: Standard Zoning Information: Use Conforms To Zoning Source Of Expenses: Information Limited Construction Materials: Block; Stucco Cooling: Central Air; Central Individual Listing Terms: Cash; Conventional Lot Features: Interior Lot Restrictions: Parking - No RV Road Frontage Type: City Street Traffic Type: Auto Road Responsibility: Public Maintained Road Roof: Shingle Security Features: Smoke Detector(s) Sewer: Public Sewer Special Information: Sold As-Is Utilities: Cable Available; Electricity Available; Sewer Connected; Water Connected Water Source: Public Showing Requirements: 24 Hour Notice; Call Listing Office Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
2295000
Negotiable Seller Concessions YN
Yes
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
Broward
Street Number
1325/1329/1333
Street Direction Prefix
NE
Street Name
5th
Street Suffix
Terrace
Unit Number
Yes
Municipality Type
Incorporated
State Or Province
FL
Postal Code
33304
Postal Code +4
1156
Area
3370
Geographic Area
FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Parcel Number
494234ea0010
Multiple Offers Accepted
Yes
Zoning
RM-15
Flood Zone
AE
Directions
From NE 13th St go north on Dixie Highway. Turn left on NE 14th Ct and left on 5th Terrace
Building Name
The Hemingway at Middle River Terrace
Property Description
CONDO

Financial Information

Tax Annual Amount
38800
Tax Year
2025
Tax Assessed/SOH Value
1813000
Tax Legal Description
THE HEMINGWAY AT MIDDLE RIVER TERRACE CONDO UNIT 01 BLDG 1325 PER CDO BK/PG: 44379/4
Assessor Market Value
1813000

Status Change Information

Major Change Timestamp
2026-05-14T18:23:52Z
Major Change Type
New Listing
Status Change Date
2026-05-14

More Information

Distance To Information

Miles to Beach
3
Miles to Expressway
2

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
12
Separate Gas Meters YN
No
Separate Water Meters YN
No
Number Of Meters Total
Yes

Income and Expenses

Annual Total Expense
85000
Gross Income
206400
Gross Scheduled Income
206400
Inc/Exp Statement Period
2026
Insurance Expense
28000
Maintenance Expense
6000
Net Operating Income
115000
Operating Expense
85000
Real Estate Taxes
39000
Trash Expense
3000
Utilities Expense
5500

Unit Details

Number Of Units Leased
11

Description of Unit Type 1

Unit Type
1 Bedroom
Units Total
9
Full Baths
Yes
Furnished
No
Annual Rent
1500

Description of Unit Type 2

Unit Type
2 Bedroom
Units Total
Yes
Full Baths
2
Annual Rent
2000

Description of Unit Type 3

Unit Type
2 Bedroom
Units Total
Yes
Full Baths
Yes
Annual Rent
1800

Showing Details

Pet(s) on Premises
Yes

Originating Details

Originating System Key
20260514123356162706000000
Originating System ID
M00000170

Currently Not Used

Ownership Type
Limited Partnership

Office/Member Information

DXORIGMLSID
RML

Electric

100 Amp Service
Yes

Flooring

Ceramic Tile
Yes
Laminate
Yes
Wood
Yes

Foundation Details

Slab
Yes

Parking Features

None
Yes

Property Condition

Resale
Yes

Special Listing Conditions

Standard
Yes

Documents Available

Copy Of Lease(s)
Yes
Owner Managed
Yes
Rent Rolls
Yes

Fencing

Front Yard
Yes

Location of Property

City Location
Yes

Possession

Subject To Tenant Rights
Yes

Sewer

Public Sewer
Yes

Special Information

Sold As-Is
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Sewer Connected
Yes
Water Connected
Yes

Zoning Information

Use Conforms To Zoning
Yes

Ceiling

Drywall
Yes

Heating

Central
Yes

Sale Includes

Building
Yes
Leases
Yes
Trade Name
Yes

Construction Materials

Block
Yes
Stucco
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Interior Lot
Yes

Road Frontage Type

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Shingle
Yes

Security Features

Smoke Detector(s)
Yes

Water Source

Public
Yes

Source Of Expenses

Information Limited
Yes

Cooling

Central Air
Yes
Central Individual
Yes

Showing Requirements

24 Hour Notice
Yes
Call Listing Office
Yes

Restrictions

Parking - No RV
Yes

Traffic Type

Auto
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes
Less Than 1 Acre Lot
Yes
Listing Office: Compass Florida, LLC
IDX
Last Updated: May - 15 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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