1315 NE 5th Terrace, Fort Lauderdale, FL 33304

4 bed · 3 bath · 1,780 sqft · Built 1959

Timeless architecture meets modern South Florida living in this beautifully updated Craftsman-style residence, ideally located in the heart of Fort Lauderdale. Comprised of a main residence and separate guest quarters, both thoughtfully updated, this property seamlessly blends character with contemporary enhancements, including a 2022 roof, new AC, refinished pool, EV charger, and a fully renovated guest house. The 3-bedroom, 2-bath main home features crisp white wood cabinetry, granite kitchen countertops & SS appliances, and an expansive primary suite that opens up directly to the stunning backyard. The guest house offers a spacious living area, private kitchenette, separate bedroom, and full bath, ideal for guests or added versatility. Framed by towering palms, the tranquil pool area sets a true tropical backdrop. Just minutes from the beach and moments from Las Olas Boulevard, with its renowned dining, shopping, and nightlife, this property also presents strong income potential with proven short-term rental performance, making it an exceptional opportunity for investors or the perfect end-user residence. Convenient access to major highways and nearby airports completes the offering.

Property type

SingleFamilyResidence

Condition

Resale

Year built

1959

Stories

1

Roof

Shingle

Subdivision

PROGRESSO

Waterfront

No

Private pool

Yes

Parcel number

494234027400

Annual tax

$11,733

County just value

$632,520

Fort Lauderdale combines the deep-water Intracoastal grid (Las Olas Isles, Harbor Beach, Seven Isles) with downtown high-rises and burgeoning Flagler Village. Dockable waterfront commands the largest premiums in the county.