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1111 NE 5th Ter, Fort Lauderdale, Florida 33304

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Active For Sale
$1,400,000
  • Beds 0
  • Baths 0
  • Sq Ft 6,078 Sqft
  • Visits: 80 in 559 days

Description

Seller financing available with $600,000 down for qualified buyer. The lot is zoned RMM-25 or 25 units per net acre can be built. Great for redevelopment. Estimated a 3 story building can be built. Currently 100% occupied. Versatile fourplex. One main house with 3 bd & 2 ba, one 2 bd & 1 ba, & two 1 bd & 1 ba. Backhouses with a garage currently used for storage. Potentially can be converted to rental unit. Section 8 tenant in the main house that has wood floor, split floor plan, & its own W/D. Backhouses share W/D. 13,500 SF lot with room for a pool. Located at the end of the street. Quiet & Secluded. Long term tenants. 2006 roof. 5 electric meters. 8 parking space. Owner pays water bills for 2/1 and 1/1s.

Features

  • Heating System: Central, Wall Furnace
  • Cooling System: Central Air, Ceiling Fan(s), Wall/window Unit(s)

Address Map

  • Country: US
  • State: FL
  • County: Broward
  • City: Fort Lauderdale
  • Subdivision: PROGRESSO
  • Zipcode: 33304
  • Street: 5th Ter
  • Street Number: 1111
  • Floor Number: 0
  • Longitude: W81° 51′ 23.8”
  • Latitude: N26° 7′ 20.3”
  • Street Dir Prefix: NE
  • MLS Area: 3370

MLS Addon

  • Architectural Style: Fourplex
  • Association Fee: $0
  • Close Price: $0
  • Flooring: Tile, Wood
  • Insurance Expense: $0
  • Levels: One
  • Listing Terms: Cash, Other, Conventional
  • Lot Features: 1/4 To 1/2 Acre Lot
  • New Taxes Expense: $0
  • Stories: 1
  • Tax Annual Amount: $11,016
  • Tax Year: 2022
  • Utilities: Cable Available

Location

Listing Updated: 2024-04-16 00:15:08

  • Property Type : Residential Income
  • Property Sub Type : Quadruplex
  • Listing Type : For Sale
  • Listing ID : A11473039
  • Price : $1,400,000
  • View : Garden,other
  • Bedrooms : 0
  • Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 6,078 Sqft
  • Year Built : 1946
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 229
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