Rare opportunity to acquire an income producing duplex (2 1/1s) w/ additional development capacity in Fort Lauderdale’s rapidly developing Studio City at OVER 30% OFF market value. Keep the existing duplex (w/separate water & electric meters) & add 8 units for 10 units total. Included site plan shows layout, parking, & access. Meeting with city has been held; feasibility & zoning compliance confirmed. Land comps:$91k-$117k per unit sold, $129k-$162k per unit active. Active & sold multifamily comps:$200k(not renovated)-$320k(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+ equity. Potential ~10% cap. Opportunity zone. Seller will finance.
Listing Provided Courtesy of United Realty Group Inc. at 954-450-2000
Property Details
Price:
$799,997
MLS #:
B26033788
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Unimproved Land
Subdivision:
PROGRESSO
Neighborhood:
3370
Listed Date:
May 28, 2026
Lot Size:
10,129 sqft / 0.23 acres (approx)
See this Listing
Schools
Elementary School:
North Side
Middle School:
Sunrise
High School:
Fort Lauderdale
Interior
Exterior
Direction Faces
East
Fencing
Wood
Financial
Tax Year
2025
Taxes
$7,203
Map
Community
- Address1219 NE 5th Terrace Fort Lauderdale FL
- SubdivisionPROGRESSO
- CityFort Lauderdale
- CountyBroward
- Zip Code33304
Subdivisions in Fort Lauderdale
- 100 Las Olas
- 160 Marina Bay
- 49TH STREET TOWNHOUSE TWO CONDO
- 504207052910
- 551 FLB CONDOMINIUM HOTEL
- ADAGIO FORT LAUDERDALE BEACH
- ALLENWOOD ADD
- BA-PART CONDO
- BAY COLONY CLUB CONDO
- BAYSHORE EMBASSY CONDO
- BEACH WAY HEIGHTS
- BEACHSIDE APTS CO-OP
- Berkley South
- BERMUDA RIVIERA
- BERMUDA-RIVIERA SUB OF GALT
- Beverly Heights
- Beverly Heights 1-30 B
- Broadview Park
- BROADVIEW PARK SEC 2 AMEN
- BROWARD PARK
- CARLTON TERRACE
- CARLTON TERRACE CO-OP
- CASA BAYVIEW III CONDO
- CHULA VISTA
- City View
- COLEE HAMMOCK
- Colonial Manor East
- COLONIAL RIDGE
- COLONY TERRACE APTS CO-OP
- CONTINENTAL CONDO
- CORAL ISLES
- CORAL ISLES / LAS OLAS ISLES
- CORAL POINT 31-27 B LOT 12 BLK 1
- CORAL POINT CONDOMINIUM
- CORAL RIDGE
- CORAL RIDGE ADD
- CORAL RIDGE ADD B
- CORAL RIDGE COUNTRY CLUB
- CORAL RIDGE COUNTRY CLUB ADD
- CORAL RIDGE EAST CONDO
- CORAL RIDGE ESTATES
- CORAL RIDGE GALT ADD
- Coral Ridge Galt Add 27-4
- CORAL RIDGE GALT ADD NO 1
- CORAL RIDGE ISLES
- CORAL RIDGE LANDINGS CONDO
- CORAL RIDGE NORTH ADD
- CORAL RIDGE TOWERS EAST CO-OP
- CORAL SHORES
- CORAL TOWERS CONDO
- CROISSANT PARK
- CROMWELL EAST
- CROMWELL EAST CONDO
- CROMWELL WEST CONDO
- CROSS FOX CONDO
- CYPRESS ARMS CONDO
- Cypress Creek Mobile Home & Country Club
- DOLPHIN ISLES; LAUDERDALE BEACH EXT
- DORSEY PARK SECOND ADD
- DRAKE TOWER CONDO
- Drake Tower Condominiums
- Drore Spec Homes
- EAST POINT TOWERS
- EAST POINT TOWERS CONDO
- EDGEWATER ARMS CO-OP
- EDGEWOOD ESTATES SEC 3
- EDGEWOOD LANDINGS
- EMBASSY TOWER
- ESSEX TOWER CONDO
- EVERGLADE LAND SALES CO FIRST
- F A BARRETTS SUB OF W1/2
- FAIRFAX BROLLIAR ADD SEC 3
- FAIRFAX BROLLIAR ADD SEC 4
- FIRST ADD TO TUSKEGEE PARK
- Flamingo Park
- FLAMINGO PARK SEC
- FORT LAUDERDALE RESIDENCES CONDO
- FOUNTAINS ON OCEAN BOULEVARD
- ft lauderdale
- FT LAUDERDALE LAND & DEV
- Gable Arms Condominium
- GALLEON CONDO
- GALLERIA LOFTS CONDO
- Gallery One
- GALLERY ONE CONDO
- GALT TOWERS CONDO
- Georgian Court Apts Co-Op
- GILL ISLES
- GILLCREST
- HARBOR BEACH
- HARBOR BEACH EXTENSION
- HARBORDALE CONDO
- HARBORS EDGE CONDO
- Harbour at New River
- HARBOUR HEIGHTS ADD
- HEMINGWAY LANDINGS CONDO
- HERITAGE LANDINGS CONDO
- HIBISCUS GARDENS
- Hillmont-Middle River Vista
- HOLLAND INDUSTRIAL
- HOLMBERG & MC KEES
- HORIZON HOUSE CONDO
- Icon Las Olas
- IDLEWYLD
- ILLINI CONDO
- IMPERIAL POINT
- IMPERIAL POINT 1 SEC
- IMPERIAL POINT 2 SEC
- IMPERIAL POINT 3RD SEC
- IMPERIAL POINT 4TH SEC
- IMPERIAL POINT 5 SEC
- Imperial Point 5 Sec 60-4
- Imperial Point Colonnades
- IMPERIAL POINT COLONNADES CONDO
- IMPERIAL VILLAGE CONDO
- ISLAND VIEW
- JACKSON TOWER LAS OLAS CONDO
- KNIGHT PLAT
- LAKE AIRE ESTATES
- LAKE ESTATES ADD
- LAKE MAYAN APTS CO-OP
- Lake Pointe Estates
- Lake Ridge
- LAMBIANCE BEACH CONDO
- LANDINGS HARBORAGE CONDO
- LAS OLAS BEACH CLUB CONDO
- LAS OLAS BY THE RIVER
- LAS OLAS BY THE RIVER CONDO
- LAS OLAS BY THE SEA EXT
- Las Olas Isles
- LAS OLAS PARK CORR PLAT
- LAUDER GATE ISLES
- Lauder Lakes
- LAUDERDALE
- LAUDERDALE 2-19 D 0210 SE1/4
- Lauderdale 2-9 D
- LAUDERDALE BEACH
- Lauderdale Beach 4-2 B
- Lauderdale Isles 2-Blk 10
- LAUDERDALE ISLES NO 2
- LAUDERDALE ISLES NO 2-BLK 6
- LAUDERDALE MANOR
- LAUDERDALE MANORS
- LAUDERDALE MANORS ADD-RESUB
- LAUDERDALE MANORS AMD PLAT
- LAUDERDALE MANORS AMEN RESUB
- Lauderdale Oaks Condo 4
- Lauderdale One Condo
- Lauderdale Park 6-33 1/2
- LAUDERDALE PINES
- LAUDERDALE TOWER CONDO
- LAUDERDALE VILLAS
- LEISURE BEACH CONDO
- LEISURE SANDS CONDO
- LIVERMORE ESTATES
- MAPLE RIDGE
- Marine Colony Villas
- MARINE TOWER CONDO
- MARY-KNOLL
- MAYBURY MANSIONS CONDO
- MELROSE PARK
- MELROSE PARK SEC 4
- MELROSE PARK SECTION 3
- MIDDLE RIVER TERRACE
- MIDLE RIVER – LAUDERDALE PARK 6-33 1/2
- MOORING AT PINE CREST CONDO
- NO 1 PALM-AIRE VILLAGE CONDO
- NORTH ANDREWS TERRACE SECOND ADD
- NORTH LAUDERDALE AMENDED PLAT
- NORTH RIDGE
- NORTH WEST LAUDERDALE
- NORTH WEST LAUDERDALE ADD AMD
- NORWICH APARTMENTS CONDO
- NuRiver Landing
- NURIVER LANDING CONDO
- NURMI ISLES ISLAND NO 4
- OAK GROVE
- OAK TREE PROPERTY REDEVELOPMENT
- OCEAN GARDEN CONDO
- OCEAN MANOR CONDO
- ORCHID GROVE
- OSCEOLA PARK
- Palm Aire Village
- PALM AIRE VILLAGE 2ND SECTION
- PALM GROVE ACRES
- PALM-AIRE VILLAGE 2 SEC A
- PALM-AIRE VILLAGE 2 SEC ADD 3
- PALM-AIRE VILLAGE 2ND SEC
- PALM-AIRE VILLAGE 3RD SEC ADDN 7
- PALM-AIRE VILLAGE SECTION 3
- PALMS TOWER ONE CONDO
- PARAMOUNT FT LAUDERDALE CONDO
- PIER 41 CONDO
- PILOT HOUSE
- Pine Air
- PINE CREST VILLAGE II AT VICTORIA PARK CONDO
- PLAZA EAST CONDO
- Poinsetta Heights
- Poinsettia Heights
- POINSETTIA HEIGHTS RIVER ADD
- POINT OF AMERICAS CONDO
- PROGRESSO
- Progresso 2-18 D
- Progresso Village
- Q CLUB RESORT & RESIDENCES CONDO
- REGENCY TOWER CONDO
- REGENCY TOWER SOUTH CONDO
- Reserve at Edgewood
- RIO NUEVO A CONDO
- Rio Vista
- Rio Vista Isles
- RIVA CONDOMINIUM
- Riva Residenze
- River oaks
- River Oaks 173-114 B
- RIVER REACH CONDOMINIUM II
- RIVERLAND VILLAGE SEC 1-REPLAT
- RIVERLAND VILLAGE SEC ONE
- RIVERSIDE ADD AMEN PLAT
- RIVERSIDE NO 2
- RIVERSIDE NO 3
- Riverside Park
- RIVERSIDE PARK ADD AMEN PLAT
- RIVIERA ISLES
- ROYAL AMBASSADOR CONDO
- ROYAL PALMS PARK SEC 3
- Sailboat Bend
- Sailboat Pointe All Ages
- Scott Acres
- SCOTT ACRES 117-23 B TRACT A THE WLY 222. 06
- SEMINOLE FOREST
- SEVILLA COURTS CONDO
- Shady Banks
- SHORE CLUB CONDO
- SOLE AT FORT LAUDERDALE CONDO
- SOUTH NEW RIVER ISLES SEC
- STARLIGHT LANDING
- STILWELL ISLES
- STRADA 315 CONDO
- Sunrise Bay Club
- SUNRISE BAY CLUB CO-OP
- SUNRISE EAST CONDO
- SYMPHONY SOUTH CONDO
- Tarpon River
- TENNIS CLUB II COURTS CONDO
- TENNIS CLUB MC LOUGHLIN CONDO
- The Gallery at Fat Village
- The Lofts of Palm-Aire Village
- The Palms
- The Park at Middle River Terrace
- TIDES AT BRIDGESIDE SQUARE
- TIFFANY HOUSE CONDO
- TOP OF THE MILE SOUTH CONDO
- Tropical Point 2 54-27 B
- TUSKEGEE PARK
- VANTAGE INDUSTRIAL PARK NO 3
- VANTAGE VIEW
- VANTAGE VIEW CONDO
- VENETIAN CONDO
- VENEZIA LAS OLAS CONDO
- Venice Harbor
- VENICE ISLE TOWER CONDO
- VICTORIA COURTS CONDO
- VICTORIA HIGHLANDS
- VICTORIA ISLES
- VICTORIA PARK
- VICTORIA PARK CORR AMEN PLAT
- VILLA MEDICI CONDO
- VILLA NOVA CONDO
- VILLAGE AT HARBOR BEACH
- VILLAGE AT SAILBOAT BEND
- VILLAGE AT SAILBOAT BEND F
- VINIK NO 2
- VUE CONDO
- W Fort Lauderdale
- WARWICK
- WASHINGTON PARK FIRST ADD
- WASHINGTON PARK FOURTH ADD
- WASHINGTON PARK SECOND ADD
- WASHINGTON PARK THIRD ADD
- WASHINGTON PARK THIRD ADD 21-43 B LOT 6 LESS S 20 FOR RD BLK 19
- Watergarden
- WATERGARDEN CONDO
- WAVERLY AT LAS OLAS
- WAVERLY AT LAS OLAS CONDO
- WAVERLY PLACE
- WESTWOOD HOMESITES
- WESTWOOD MANOR
- WHITE EGRET CONDO
- William A Trueman 137-31
- YANKEE EXECUTIVE WAREHOUSE CONDO Unit 11 and Unit 5
- YELLOWSTONE PARK AMEN PLAT
Market Summary
Current real estate data for Single Family in Fort Lauderdale as of Jun 03, 2026
917
Single Family Listed
129
Avg DOM
721
Avg $ / SqFt
$2,564,346
Avg List Price
Property Summary
- Located in the PROGRESSO subdivision, 1219 NE 5th Terrace Fort Lauderdale FL is a Single Family for sale in Fort Lauderdale, FL, 33304. It is listed for $799,997 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in Fort Lauderdale is $721. The average listing price for Single Family in Fort Lauderdale is $2,564,346.
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