1111 NE 5th Ter, Fort Lauderdale FL, 33304

Active

1111 NE 5th Ter

Fort Lauderdale FL, 33304

$1,400,000

$103.68 per sqft

Active

0.31 Acres

Land

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.

A11518630

MLSⓇ ID

October 27, 2023

Listed

April 14, 2024

Updated

Map

1111 NE 5th Ter
Fort Lauderdale FL, 33304

Exterior/Building Features

Lot Size: 0.31 Acres
Lot Features: City Location, Dead-End Location, Other Soil Type, 1/4 To Less Than 1/2 Acre Lot, Other
Sewer: Public Sewer

Other Property Details

Area Name: Progresso
Taxes: $11,689
Tax Frequency: Annually
Days on Market: 170
Garage: No
View: No
View Description: None
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

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 10:36 PM UTC, 4/14/2024.