1325/1329/1333 NE 5th Terrace Unit 1

Fort Lauderdale, FL 33304
$2,295,000
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.Read MoreRead Less
Courtesy of Compass Florida, LLC, Richard N Salter, 954-477-7332.
Listing Snapshot
Days Online
60
Last Updated
Property Type
Multi Family
Lot Size
0.46 Acres
Year Built
1948
MLS Number
B26028545
30 Days Snapshot Of 33304
$1.19M
-22%
(avg) sold price
31
-6%
homes sold
118
+21%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Type: City Street, City/County Maintained, City, Road Responsibility: Public Maintained Road
Building
Construction Materials: Concrete Block Construction, Slab Construction, Stucco, Sheet Rock, Levels: 1, Stories: 1, Year Built: 1948, Year Built Details: Resale, Building Area Total: 6458, Building Features: Automobile Traffic, Structure Type: Multi Family
Community
Units In Community: 11
Cooling
Cooling: Central Individual A/C, Central Air
Expenses
Insurance Expense: 28000, Operating Expense: 85000, Other Expense: 5500, Trash Expense: 3000
Floors
Flooring: Ceramic Floor, Wood
Water Features
Water Source: "Public"
Heating
Heating: Central
Income
Gross Income: $206,400, Gross Scheduled Income: $206,400, Net Operating Income: $115,000
Lot
Acres: 0.46, Square Feet: 20250, Features: City Location, 1/4 To Less Than 1/2 Acre Lot, Interior Lot, Less Than 1 Acre
Miscellaneous
Inclusions: Building Only, Business And Building
Parking
Parking Total: 14, Features: None, No Rv/Boats
Property
Leasable Area Units: Square Feet, Leasable Area: 6458
Roof
Roof: Comp Shingle Roof, Shingle
Security Features
Features: Smoke Alarm, Smoke Detector(s), Smoke Detector
Sewer
Sewer: Public Sewer, Public Sanitation, Sewer
Taxes
Parcel Number: 494234ea0010, Tax Annual Amount: $38,800, New Taxes Expense: 39000, Tax Legal Description: THE HEMINGWAY AT MIDDLE RIVER TERRACE CONDO UNIT 01 BLDG 1325 PER CDO BK/PG: 44379/4, Tax Year: 2025
Utilities
Electric On Property YN: t, Electric: 100 Amp Service, Utilities: Cable Connected, Electricity Connected, Cable Available, Electricity Available, Sewer Available, Water Available
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Raymond Goirigolzarri
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