Active
1111 NE 5th Ter
Fort Lauderdale FL, 33304
$1,400,000
$230.34 per sqft
Active
6,078 sqft
Multi-family
Built in 1946
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.
A11473039
MLSⓇ ID
October 20, 2023
Listed
April 15, 2024
Updated
Map
1111 NE 5th Ter
Fort Lauderdale FL, 33304
Interior Features
Total Stories
1
Floor Description
Tile, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s), Central Air, Wall/Window Unit(s)
Heating
Yes
Heating Description
Central, Window/Wall
Exterior/Building Features
Lot Features
1/4 To Less Than 1/2 Acre Lot
Architectual Style
Detached
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
Progresso
Taxes
$11,016
Tax Frequency
Annually
Days on Market
178
Garage
No
Parking Total
8
View
No
County
Broward County
Water Source
Municipal Water
Pool
No
Zoning
RMM-25
Buyer Agency Compensation
2.5%
Listed by: Oceanica International Realty
Listing Contact: 786-471-5281
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Data last updated 8:07 AM UTC, 4/15/2024.