Fort Lauderdale, FL 33304,1214 NE 5TH TER

$295,000

Est. payment /mo

$300,000

1.7%
Est.Price: ?

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1214 NE 5TH TER Fort Lauderdale, FL 33304

2,198 SqFt

SOLD DATE : 07/20/2016

Key Details

Sold Price $295,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,198 sqft

Price per Sqft $134

Subdivision Progresso

MLS Listing ID F1382589

Sold Date 07/20/16

Style Fourplex

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 8104

Year Built 1961

Annual Tax Amount $4,947

Tax Year 2015

Property Description

Fantastic find!! Owner financing will be considered with 30-40% down payment. Clean 4 units in the heart of Ft Lauderdale. Two building on one large lot. All units are 1 bed 1 bath. Building have Newer roof, 3 newer electrical panels. One unit updated with newer floors, newer kitchen, bathroom, appliances, paint and central A/C. Current rents are below market. Annual Gross income is $35,640 Annual expenses are: Taxes $4,947 Insurance $2,200 Water & Sewer $1,440 Trash $1,962. Est. Cap Rate is 8%

Location

State FL

County Broward County

Community Progresso

Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)

Zoning MULTI

Interior

Heating Window/Wall

Cooling Wall/Window Unit Cooling

Flooring Carpeted Floors, Ceramic Floor

Exterior

Water Access N

Roof Type Comp Shingle Roof

Private Pool No

Building

Lot Description Less Than 1/4 Acre Lot

Story 1.0000

Foundation Cbs Construction, Frame With Stucco

Sewer Municipal Sewer

Water Municipal Water

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Conventional, Owner Financing

Listing Terms Conventional, Owner Financing

Read Less

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BeachesMLS Matrix (RAPB-F prefix)
Listed by Fidelity Real Estate Group LLC

Maddy Partow

Advisor | License ID: 3474080

+1(772) 584-1256

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