Fort Lauderdale Beach, Fort Lauderdale, FL Homes for Sale between $600,000 to $800,000

Fort Lauderdale Beach, Fort Lauderdale, FL Homes for Sale between $600,000 to $800,000

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Fort Lauderdale Beach, Fort Lauderdale, FL Homes for Sale Between $600,000 to $800,000

$729,850
B26033788 MLS 33304 Zip Code
Rare opportunity to acquire an income producing duplex (1 Bedroom/1 Bathroom each side) with additional development capacity in Fort Lauderdale's rapidly developing Studio City at over 35% below market value. Located on NE 5th Terrace, less than one block from NE 13th Street, the property is under a 60 second walk from the heart of Studio City: Fort Lauderdale's emerging arts and entertainment district, featuring an eclectic mix of independent businesses like Gulfstream Brewing Co, Lovelee Bakeshop, Radio-Active Records and other popular neighborhood destinations. Situated at the crossroads of Flagler Village & Wilton Manors, the area offers a vibrant, walkable neighborhood experience with a youthful, creative energy often compared to early Wynwood. Surrounded by ongoing new development, the area continues to attract investors & developers who recognize its long term potential. This property should not be viewed solely as a duplex or solely as a land play; the true value is in both. The existing duplex (that has separate water & electric meters) can remain in place and continue generating income while 8 additional units are developed on the same lot, for a total of 10 units, without tearing down the current structure. The included site plan shows viable layout, parking, & access. A preliminary development meeting with the city has been held; representatives from every relevant department (planning, zoning, engineering, landscape, etc) were present and confirmed that the site plan is feasible and compliant with current code and zoning regulations. Land comps:$91k-$117k per unit sold, $129k-$162k per unit active. Active & sold multifamily comps:$200k(not renovated)-$320k(fully 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+ instant equity upon completion. Potential ~10% cap rate. Seller will finance. Property is in a Qualified Opportunity Zone, which offers the potential for major tax benefits including deferring taxes, reducing capital gains taxes, and potentially paying no tax at all on the profit when you sell the property; consult tax professional for details and eligibility. See photos & attachments for details on location, plans, and comps. Call listing agent for more information.

1219 NE 5th Terrace, Fort Lauderdale

$729,850
B26033753 MLS 33304 Zip Code
Rare opportunity to acquire an income producing duplex (1 Bedroom/1 Bathroom each side) with additional development capacity in Fort Lauderdale's rapidly developing Studio City at over 35% below market value. Located on NE 5th Terrace, less than one block from NE 13th Street, the property is under a 60 second walk from the heart of Studio City: Fort Lauderdale's emerging arts and entertainment district, featuring an eclectic mix of independent businesses like Gulfstream Brewing Co, Lovelee Bakeshop, Radio-Active Records and other popular neighborhood destinations. Situated at the crossroads of Flagler Village & Wilton Manors, the area offers a vibrant, walkable neighborhood experience with a youthful, creative energy often compared to early Wynwood. Surrounded by ongoing new development, the area continues to attract investors & developers who recognize its long term potential. This property should not be viewed solely as a duplex or solely as a land play; the true value is in both. The existing duplex (that has separate water & electric meters) can remain in place and continue generating income while 8 additional units are developed on the same lot, for a total of 10 units, without tearing down the current structure. The included site plan shows viable layout, parking, & access. A preliminary development meeting with the city has been held; representatives from every relevant department (planning, zoning, engineering, landscape, etc) were present and confirmed that the site plan is feasible and compliant with current code and zoning regulations. Land comps:$91k-$117k per unit sold, $129k-$162k per unit active. Active & sold multifamily comps:$200k(not renovated)-$320k(fully 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+ instant equity upon completion. Potential ~10% cap rate. Seller will finance. Property is in a Qualified Opportunity Zone, which offers the potential for major tax benefits including deferring taxes, reducing capital gains taxes, and potentially paying no tax at all on the profit when you sell the property; consult tax professional for details and eligibility. See photos & attachments for details on location, plans, and comps. Call listing agent for more information.

1219 NE 5th Terrace Unit 1-2, Fort Lauderdale

$774,000
2 Beds 2 Baths A12020804 MLS 33304 Zip Code Sunrise East Condo BLDG.
Experience elevated waterfront living in this beautifully upgraded 17th-floor 2BR/2BA residence - breathtaking panoramic Ocean, Direct Intracoastal, and City Skyline views from your private balcony. Boat activity by day / stunning sunsets by night in one of Ft Lauderdale’s most desirable waterfront locations near the beach, Las Olas Blvd, Galleria Mall, Birch State Park, dining & shopping. Semi-private elevator entry. 24-hour security. Freshly painted. Spacious residence featuring rectified porcelain flooring throughout the main living areas, bamboo flooring in the bedrooms, floor-to-ceiling hurricane-impact windows + doors, abundant natural light, built-in desk area. The renovated kitchen showcases stone countertops, Medallion wood cabinetry, recessed lighting, premium Thermador built-in oven and microwave, and an Electrolux refrigerator. LG washer/dryer. Wake up to ocean views from the bedrooms, including a spacious primary suite w/ a walk-in closet. Two parking spaces + storage unit included. Residents enjoy resort-style amenities: heated rooftop pool, fitness center, new sauna, BBQ grills, community room, pet park, drop-off boat dock. 50-year inspection complete. Major building improvements include pool, updated electrical & plumbing systems, new elevator, renovated lobby, additional capital improvements. Exceptional opportunity for a primary residence, seasonal getaway, or waterfront investment in the heart of Fort Lauderdale. Video Tour Available.

2800 E Sunrise Blvd Unit #17E, Fort Lauderdale

$655,000
2 Beds 2 Baths A12014697 MLS 33304 Zip Code Corinthian BLDG.
Experience elevated coastal living at the prestigious Corinthian Condo in this beautifully maintained 2-br/2-ba residence offering 1,500 sq.ft. of bright and inviting living space. Perfectly positioned to capture unique direct Intracoastal views, this exceptional unit showcases Fort Lauderdale’s vibrant boating lifestyle from the spacious balcony, living room, and kitchen. A semi-private elevator lobby welcomes you into the residence with an elegant sense of arrival. Upgraded porcelain tile flooring, complemented by impact windows and doors that enhance both comfort and peace of mind. The contemporary kitchen features sleek cabinetry and SS appliances, blending style and functionality. The generously sized primary suite offers an ample walk-in closet and a comfortable en-suite bathroom, while the 2nd bedroom is also spacious and well-appointed. Its resort-style amenities, include a rooftop pool, clubhouse, lounge area, fitness center, and saunas. The building has successfully completed its 50-year recertification, with no special assessments and a strong reserve fund, offering confidence and value for homeowners. Ideally located just moments from FLL Beach, this residence provides convenient access to premier dining, shopping, and entertainment. Vibrant Las Olas Boulevard and Downtown FLL are less than 3 miles away. Enjoy a privileged waterfront lifestyle with quick access to everything Fort Lauderdale has to offer from this exceptional Intracoastal residence.

936 Intracoastal Dr Unit #4F, Fort Lauderdale

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