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1350 NE 5th Ter #1-28, Fort Lauderdale, FL 33304
Property Stats
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.
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Listing Courtesy of Fausto Commercial Realty Consultants Inc
The data relating to real estate for sale on this website comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above is provided courtesy of iHomefinder and Miami Association of REALTORS® The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Miami-JTHS data last updated at March 17, 2026, 6:00 PM ET
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