Property 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
8
Address Map
FL
Broward County
Fort Lauderdale
33304
1111 NE 5th Ter
PROGRESSO
W81° 51' 40.3''
N26° 8' 21.3''
PROGRESSO
MLS Addon
Detached
All Cash, Conventional, Owtb Wrap
1
Water, Gardener, Sewer, Trash Collection
1
Quadruplex, Fourplex
$11,016
2022
Municipal Water
RMM-25
4
27/10/2023 16:13:59
1111 NE 5th Ter, Fort Lauderdale, Florida 33304
$1,400,000
6,078 size sq.ft.
Listing ID #A11473039
Basic Details
Property Type Residential Income
Listing Type For Sale
Listing ID A11473039
Price $1,400,000
Square Footage 6,078 Sqft
Year Built 1946
Days on Market 151
Building Area 6,078 Sqft
Status Active
Property SubType Quadruplex
On Market Date 20/10/2023

MiamiInvestrealty