$750,000

1538 NE 5th Ave Fort Lauderdale, FL 33304

Middle River Terrace Neighborhood

Estimated payment $4,984/month

Total Views 1,510
-- Bed
-- Bath
1,557 Sq Ft
$482 Price per Sq Ft

Highlights

  • No HOA
  • Porch
  • Patio
  • Fort Lauderdale High School Rated A
  • Complete Impact Glass
  • Central Air

About This Home

Prime investment opportunity. Perfect for investors or first-time buyers, this property offers a turnkey opportunity in one of the city's most sought-after locations, just minutes from Wilton Manors, Las Olas, and Fort Lauderdale Beach. Plenty of parking, front parking for 2 cars, back unit with a parking size that can fit 3 cars, or a boat and 2 cars. A 2/2 unit in the back and a 1/1 unit in the front. All impact windows, separate electrical meters. Airbnb potential. Separate spacious backyard for each unit, and a front fenced space in the front for common areas. This is a rare opportunity to secure a high-yield, appreciating asset in a thriving real estate market, and a long-term value

Listing Agent

Duplex FTL

Florida Realty of Miami Corp License #3349040

Florida Realty of Miami Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,569

Year Built

  • Built in 1963

Lot Details

  • Fenced

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,557 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Complete Impact Glass

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Middle River Terrace Condos
  • Middle River Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494234270040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,569

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1963
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: Middle river Terrace
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 1557
  • Stories: 1
  • Window Features: Complete Impact Glass, Blinds, Impact Glass

Exterior Features

  • Roof: Shingle
  • Exterior Features: Exterior Lights, Other
  • Construction Type: Stucco
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Middle river Terrace
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494234270040
  • Zoning: RM-15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9569

Multi Family

  • Number Of Units In Community: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $9,969 $450,180 $30,030 $420,150
2024 $3,596 $468,190 $48,040 $420,150
2023 $3,596 $119,560 $0 $0
2022 $3,292 $112,230 $0 $0
2021 $3,019 $105,460 $0 $0
2020 $2,823 $154,690 $0 $0
2019 $2,192 $139,200 $0 $0
2018 $1,986 $138,230 $0 $0
2017 $1,883 $85,160 $0 $0
2016 $1,812 $80,930 $0 $0
2015 $1,737 $77,680 $0 $0
2014 $1,656 $74,650 $0 $0
2013 -- $147,760 $48,040 $99,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2025 03/25/25 For Sale $750,000 +42.3% $482 / Sq Ft
05/09/2023 05/09/23 Sold $527,000 -0.4% $338 / Sq Ft
03/16/2023 03/16/23 Price Changed $529,000 -8.6% $340 / Sq Ft
03/07/2023 03/07/23 For Sale $579,000 -- $372 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $527,000 Butler Title
Warranty Deed $50,000 --
Warranty Deed $28,571 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $447,950 New Conventional
Previous Owner $38,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Previous Owner $58,000 Credit Line Revolving
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11770585

MIAMI REALTORS® MLS

APN: 49-42-34-27-0040

Florida Broward County Fort Lauderdale 33304 Middle River Terrace

1538 NE 5th Ave, Fort Lauderdale, FL

Homes for Sale in Fort Lauderdale, FL

This home is located at 1538 NE 5th Ave, Fort Lauderdale, FL 33304 and is currently priced at $750,000, approximately $481 per square foot. This property was built in 1963. 1538 NE 5th Ave is a home located in Broward County with nearby schools including North Side Elementary School, Sunrise Middle School, and Fort Lauderdale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for 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.

Listing Agent
Duplex FTL
Section Image
Florida Realty of Miami Corp
(754) 306-4713