• 1111 NE 5th Ter Fort Lauderdale, FL 33304

  • $1,400,000
  • 0
    Sq Ft
  • 13503
    Sqft

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.

Property Type :

Land

Subdivision :

Progresso

County :

Broward County

Style :

Land

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Property Details

 

Lot Information

Main Square Feet: 13503

Lot Size Acres: 0.3

Lot Size Square Feet: 13503

Lot Description: Item14to12AcreLot

Property Information

Subdivision: PROGRESSO

Source Property Type: Land

MLS Area Minor: Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)

Postal Code Plus 4: 4914

Zoning Description: RMM-25

Property SubType: Residential

Direction Faces: East

Listing Price Information

Original List Price: $1400000

Original List Price: $1400000

Cash,Conventional,Other

Tax Information

Parcel Number: 494234040830

Tax Year: 2023

Annual Tax: $11689

Tax Legal Desc: PROGRESSO 2-18 D LOT 17,18,19,20 BLK 145

Location Information

WaterSource: Public

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ByOwner last updated this listing 05/06/2024 @ 16:16

MLS: A11518630
LISTED BY: Sean Lam, Oceanica International Realty
SOURCE: SEFMIAMI
Buyer Agency Compensation: 2.5%
Buyer Agency Description: BBC: 2.5%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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