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.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
North Side Elementary School
120 NE 11th St
Distance between this listing and this school0.27 miles
Public District Grades PK-5
Middle School
4
/10
Sunrise Middle School
1750 NE 14th St
Distance between this listing and this school1.04 miles
Public Magnet Grades 6-8
High School
6
/10
Fort Lauderdale High School
1600 NE 4th Ave
Distance between this listing and this school0.71 miles
Public Magnet Grades 9-12
Assigned Schools
4
/10
North Side Elementary School
120 NE 11th St
Distance between this listing and this school0.27 miles
Public District Grades PK-5
Nearby Schools
6
/10
Marshall Thurgood Elementary School
800 NW 13th St
Distance between this listing and this school0.88 miles
Public Magnet Grades PK-5
5
/10
Bennett Elementary School
1755 NE 14th St
Distance between this listing and this school1.05 miles
Public District Grades PK-5
Assigned Schools
4
/10
Sunrise Middle School
1750 NE 14th St
Distance between this listing and this school1.04 miles
Public Magnet Grades 6-8
Nearby Schools
7
/10
Somerset Academy Village Charter Middle School
225 NW 29th St
Distance between this listing and this school1.77 miles
Public Charter Grades 6-8
2
/10
William Dandy Middle School
2400 NW 26th St
Distance between this listing and this school2.60 miles
Public Magnet Grades 6-8
Assigned Schools
6
/10
Fort Lauderdale High School
1600 NE 4th Ave
Distance between this listing and this school0.71 miles
Public Magnet Grades 9-12
Nearby Schools
2
/10
Florida Virtual Academy At Osceola County
110 SE 6th St
Distance between this listing and this school1.73 miles
Public Charter Grades KG-10
2
/10
Dillard 6-12 School
2501 NW 11th St
Distance between this listing and this school2.36 miles
The neighbors living near this home have an average income of $26,446. The most common annual income of people living in Fort Lauderdale, FL is less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1111 NE 5th Ter
What is the listing price of this property?
The listing price of 1111 NE 5th Ter property is $1,400,000.
What type of property is this?
The property 1111 NE 5th Ter is land located in Fort Lauderdale, Florida, 33304.
Is this property for sale now?
Active Listing: 1111 NE 5th Ter is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1111 NE 5th Ter are: North Side Elementary School: GreatSchools Rating 4/10Sunrise Middle School: GreatSchools Rating 4/10Fort Lauderdale High School: GreatSchools Rating 6/10
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This home is located at 1111 NE 5th Ter in Fort Lauderdale, FL and zip code 33304 in the Middle River Terrace neighborhood. This home sits on a 0.30 acre lot. It has been listed on Rocket Homes since January 22, 2024 and is currently priced at $1,400,000.
While more than 15 listings in Fort Lauderdale, FL in April 2024 were sold above asking price, there were more than 27 listings sold at asking price, and more than 95 were sold below. In April 2024 in Fort Lauderdale, FL there were 10% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $473,608, while the average time on the real estate market was 74 days.
From Rocket Homes Real Estate and based on county public records data.