1111 5th Ter ,Detached, Quadruplex, Progresso for Sale

1111 5th Ter for Sale

Price $1,400,000.00

• Lot size 6078
• Year Build 1946
• Waterfront
• Zip 33304
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

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.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11473039 Please use ShowingTime to make appointments. Bring your offer. We will negotiate.

PROGRESSO 2-18 D LOT 17,18,19,20 BLK 145

1/4 To Less Than 1/2 Acre Lot

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.

City:Fort Lauderdale,Zoning:RMM-25,Cooling:1:Central Air,2:Wall/Window Unit(s),Heating:1:Window/Wall,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2022,Flooring:1:Wood,Latitude:26.139251,Cooling Y N:1,Heating Y N:1,List Price:1400000,Listing Id:A11473039,Longitude:-80.1388022,Mls Status:Active,Year Built:1946,Inclusions:None,Living Area:6078,Postal Code:33304,Street Name:5th Ter,Coordinates:1:26.139251,Photos Count:50,Building Name:PROGRESSO,Days On Market:8,Listing Terms:1:Cash,2:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:3370,M L S Area Major:Progresso,On Market Date:2023-10-20,Parcel Number:494234040830,Parking Total:8,Property Type:Residential Income,Rent Includes:1:Sewer,2:Trash Collection,3:Water,Stories Total:1,Street Number:1111,M I A M I R E_ Style:Fourplex,Public Remarks: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.,Structure Type:1:Fourplex,County Or Parish:Broward County,List Office Name:Oceanica International Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4914,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:PROGRESSO,Tax Annual Amount:11016,Unparsed Address:1111 NE 5th Ter, Fort Lauderdale FL 33304,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:6078,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:230.3389,Original List Price:1400000,Public Survey Range:49,Building Area Source:Building Plan/Survey,Documents Available:1:Other Available Information,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2023-10-20,Originating System I D:miamire,Public Survey Section:34,Showing Instructions:24 Hour Notice,Appointment Only,Showing Assist,Street Number Numeric:1111,Tax Legal Description:PROGRESSO 2-18 D LOT 17,18,19,20 BLK 145,Public Survey Township:49,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2.5%,M I A M I R E_ Adjusted Area S F:3743,M I A M I R E_ Internet Remarks:100% occupied with long term tenants.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2023-10-20,Internet Address Display Y N:1,Number Of Units In Community:4,Transaction Broker Compensation:2.5%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:230.34,