1111 Ne 5th Ter, Fort Lauderdale

$1,400,000

0 Bed
0 Bath
6,078 Sqft
0 Acre
0 Garage

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.

Essential Information
MLS® #A11473039
Price$1,400,000
Bathrooms0.00
Square Footage6,078
Acres0.00
Year Built1946
TypeResidential Income
Sub-TypeQuadruplex
StyleFourplex
StatusActive
Community Information
Address1111 Ne 5th Ter
Area3370
SubdivisionPROGRESSO
CityFort Lauderdale
CountyBroward County
StateFL
Zip Code33304-4914
Amenities
UtilitiesCable Available
Interior
InteriorTile, Wood
HeatingCentral, Wall Furnace
# of Stories1
StoriesOne
Cooling

Central Air, Ceiling Fan(s), Wall/Window Unit(s)

Exterior
RoofShingle
ConstructionBlock
Additional Information
Date ListedOctober 20th, 2023
Days on Market191
Listing Details
Listing Courtesy ofOceanica International Realty
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