1345 NE 5th Terrace Fort Lauderdale, FL 33304
Middle River Terrace Neighborhood
3
Beds
2
Baths
1,156
Sq Ft
6,760
Sq Ft Lot
Highlights
- Attic
- No HOA
- Ceramic Tile Flooring
- Fort Lauderdale High School Rated A
- Views
- 1-Story Property
About This Home
As of February 2025Deal of the Century! Don’t miss out on this incredible opportunity! Corner property centrally located in the heart of Ft. Lauderdale. The property is being sold “As-Is”, with a Real Market Value of $522K and an AVM Range of $483K - $561K. The buyer stands to gain at least $100K in instant equity! • Roof: Approximately 2 years old • Firm asking price • Due diligence/inspection: Maximum of 3 days • EMD: Minimum $10K required • Cash buyers only – no inspection, appraisal, or financing contingencies • Escrow: Buyer MUST use seller’s title company • Proof of Funds: Required, no older than 30 days This property offers incredible potential, easily convertible into an Airbnb, duplex, triplex, commercial unit, or even a church. Great deal, won’t last long! Call us now to take advantage of this DEAL
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,010
Year Built
- Built in 1925
Lot Details
- 6,760 Sq Ft Lot
- East Facing Home
- Fenced
- Property is zoned RM-15
Home Design
- Shingle Roof
- Brick Front
- Concrete Block And Stucco Construction
Interior Spaces
- 1,156 Sq Ft Home
- 1-Story Property
- Furniture for Sale
- Ceramic Tile Flooring
- Electric Range
- Property Views
- Attic
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- On-Street Parking
- Open Parking
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Progresso Subdivision
Listing and Financial Details
- Assessor Parcel Number 494234027360
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/27/2025 02/27/25 | Sold | $450,000 | 0.0% | $389 / Sq Ft |
| 01/25/2025 01/25/25 | Pending | -- | -- | -- |
| 12/28/2024 12/28/24 | For Sale | $449,900 | 0.0% | $389 / Sq Ft |
| 10/03/2024 10/03/24 | Pending | -- | -- | -- |
| 09/19/2024 09/19/24 | For Sale | $449,900 | +91.4% | $389 / Sq Ft |
| 08/18/2016 08/18/16 | Sold | $235,000 | -5.6% | $186 / Sq Ft |
| 02/05/2016 02/05/16 | For Sale | $249,000 | 0.0% | $197 / Sq Ft |
| 10/06/2014 10/06/14 | Rented | $1,600 | 0.0% | -- |
| 10/06/2014 10/06/14 | For Rent | $1,600 | 0.0% | -- |
| 10/04/2013 10/04/13 | Rented | $1,600 | 0.0% | -- |
| 10/04/2013 10/04/13 | For Rent | $1,600 | +14.3% | -- |
| 08/10/2013 08/10/13 | Rented | $1,400 | -12.5% | -- |
| 07/11/2013 07/11/13 | Under Contract | -- | -- | -- |
| 02/06/2013 02/06/13 | For Rent | $1,600 | -- | -- |
Source: MIAMI REALTORS® MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,527 | $371,810 | -- | -- |
| 2024 | $7,010 | $371,810 | -- | -- |
| 2023 | $7,010 | $307,290 | $0 | $0 |
| 2022 | $6,136 | $279,360 | $0 | $0 |
| 2021 | $5,372 | $253,970 | $0 | $0 |
| 2020 | $4,829 | $230,890 | $37,180 | $193,710 |
| 2019 | $4,550 | $228,080 | $37,180 | $190,900 |
| 2018 | $4,181 | $217,270 | $37,180 | $180,090 |
| 2017 | $3,877 | $195,990 | $0 | $0 |
| 2016 | $3,131 | $147,010 | $0 | $0 |
| 2015 | $2,881 | $133,650 | $0 | $0 |
| 2014 | $2,652 | $121,500 | $0 | $0 |
| 2013 | -- | $125,800 | $20,280 | $105,520 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $67,701 | FHA | |
| Previous Owner | $230,743 | FHA | |
| Previous Owner | $135,000 | Balloon | |
| Previous Owner | $180,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $72,250 | New Conventional | |
| Previous Owner | $41,599 | VA |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $296,600 | Closing Agent | |
| Quit Claim Deed | -- | Attorney | |
| Deed | $235,000 | -- | |
| Warranty Deed | $135,000 | Attorney | |
| Warranty Deed | $50,000 | Attorney | |
| Warranty Deed | $240,000 | None Available | |
| Quit Claim Deed | $100 | -- | |
| Deed | $42,100 | -- |
Source: Public Records
Similar Homes in Fort Lauderdale, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11661378
APN: 49-42-34-02-7360
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