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1409 NE 5th Terrace #1-2, Fort Lauderdale, FL, 33304

3beds
2baths
1,352sqft
$658,990
$487price/sqft
$5,133/moest. monthly cost
$205,320/yrincome needed

About This Home

2 house on the same lot located in east Fort Lauderdale. 2 bed 1 bath and 1 bed 1 bath fully rented on a 6,760 sq ft RM-15 zoned lot. Must be purchased as a package with the adjacent 4 unit property located at 1405 NE 5th ter.

Getting Around

72
WalkingVery Walkable
40
TransitSome Transit
58
BikeBikeable

Schools

8/10
6/10
Sunrise Middle SchoolGrades 6-81.0 mi
6/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1940

Materials

  • Roof: Slate
  • Construction materials: Block,Wood Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: None
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,352
  • Total interior livable area: 1,352 sqft

Property

Details

  • Parcel number: 494234020490
  • Zoning: RM-15
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Other

Lot

  • Lot size: 6,760 sqft

Parking

  • Total spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Inland Flooding
Lightning
Coastal Flooding
Heat Wave
Tsunami

FEMA Declared Disasters in Broward County and Florida

Flood
Hurricane
Severe Storm
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,332$39,984
Home Insurance *$1,077$12,924
Property Taxes $527$6,324
Electricity $197$2,366
Total$5,133$61,596
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$175,988/yr
40% on housing$153,990/yr
45% on housing$136,880/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.5%
4.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$487This listing

vs Other Active Listings

Avg $/sqft

ZIP 33304$647
Broward County$319

vs Homes Sold Last Month

Median $/sqft

ZIP 33304$533
Broward County$352

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-16Price change$658,990
2026-04-02Listed for sale$659,990
2002-05-22Sold$117,500
1991-08-01Sold$41,743

For Sale by Agent

AgentPeter Cacciatore
BrokerageHomeinc Realty LLC

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