3 months on rocket

1345 NE 5th Ter, Fort Lauderdale, FL, 33304

$449,900

Home List Price

$5,343*

Closing Credit

3 Bedrooms
2 Full Baths
1,156 SqFt
$389/SqFt
House

Location

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1345 NE 5th Ter, Fort Lauderdale$449,900

Buyer Closing Credits

$5,343*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOther, On Street
Year Built1925
HeatingCentral, Other
CoolingCentral Air
ViewOther
MLS #A11661378
StatusActive

About 1345 NE 5th Ter

Deal 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

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story
  • Year Built: 1925
  • Stories: 1
  • Living Area: 1,156 SqFt

Listing Office:

  • Office Name: First Class Real Estate, LLC.
  • Office Phone: (800) 731-6092
  • Listing Agent: Jean M. Sorel

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Flooring Type: Ceramic Tile, Tile
  • Interior: Bedroom on Main Level, Attic

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Fence

Parking Information:

  • Parking: Other, On Street

Virtual/3D Tour

  • Virtual Tour: 1345 NE 5th Ter
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Other
  • Cooling: Central Air

Other

Directions Information:

  • Directions: PLEASE USE GPS, MAPQUEST , GOOGLE MAPS , ECT

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,900
  • Price Per SqFt: $389/SqFt

Tax Information:

  • Annual Amount: $4,829
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Fort Lauderdale, FL.

Med. Sold Price

$479.3K

Med. Price/SqFt

$364

Avg. Days On Market

71

# of Sold Homes

112

1345 NE 5th Ter vs Fort Lauderdale

109 DAYS ON ROCKET

+38 Days

$449,900

-$29.4K Less

$389/SqFt

+$25 More

KEY TAKEAWAY

This property is $29.4K less than the Median Sold Price and $25/SqFt more than other homes in Fort Lauderdale, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11661378

Listing Office:

  • Office Name: First Class Real Estate, LLC.
  • Office Phone: (800) 731-6092
  • Listing Agent: Jean M. Sorel

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/7/2025, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,829$230,890
2019$4,180$228,080
2018$3,877$215,580
2017$3,877$195,990

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,415

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-797868
4
/10
  • North Side Elementary School

  • 120 NE 11th St

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-797869
5
/10
  • Thurgood Marshall Elementary School

  • 800 NW 13th St

  • 0.89 miles

  • Public Magnet Grades PK-5

school-card-donut-797870
5
/10
  • Bennett Elementary School

  • 1755 NE 14th St

  • 0.95 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,904. The most common annual income of people living in Fort Lauderdale, FL is less than $35k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1345 NE 5th Ter

What is the listing price of this property?

The listing price of 1345 NE 5th Ter property is $449,900.

What type of property is this?

The property 1345 NE 5th Ter is a house located in Fort Lauderdale, Florida, 33304.

Is this property for sale now?

Active Listing: 1345 NE 5th Ter is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,829 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1345 NE 5th Ter has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1345 NE 5th Ter is 1,156 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1345 NE 5th Ter is 1925.

Rocket HomesFloridaBroward CountyFort Lauderdale333041345 NE 5th Ter

This home is located at 1345 NE 5th Ter in Fort Lauderdale, FL and zip code 33304 in the Middle River Terrace neighborhood. This 1,156 square foot home was built in 1925. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $449,900.

While more than 17 listings in Fort Lauderdale, FL in December 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 85 were sold below. The inventory of homes for sale in Fort Lauderdale, FL between November 2024 and December 2024 increased by 7.9%. While the average time on the market in December 2024 was 71 days, the median list price was $479,341.

From Rocket Homes Real Estate and based on county public records data.

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