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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

1111 NE 5TH TER, FORT LAUDERDALE, FL 33304

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Multi Family - PROGRESSO for Sale

1111 NE 5TH TER, FORT LAUDERDALE, FL 33304

Asking Price$1,400,000

Share by:
  • Living 6078sqft
  • Taxes $11,016
  • Year Built 1946
  • Days on market:

    8 day(s)
  • Adjusted Area:

    3743 sqft
  • Original Price:

    $1,400,000
  • Price per sqft:

    $230.34
  • Tax Legal Description:

    PROGRESSO 2-18 D LOT 17,18,19,20 BLK 145
  • Tax Year:

    2022
  • Property Type:

    Multi Family
  • Style:

    Fourplex
  • Inclusions:

    None
  • Roof:

    Shingle
  • Cooling Description:

    Central AirCeiling Fan(s)Wall/Window Unit(s)
  • Heating Description:

    Window/WallCentral
  • Floor Description:

    Tile Wood
  • Lot Features:

    1/4 To Less Than 1/2 Acre Lot
  • Type of Association:

    None

Description

$1,400,000 • living size area 6078 sqft

Motivated seller. bring your offer and we will negotiate. 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.

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