Middle River Terrace, 1111 NE 5th Ter Fort Lauderdale, FL 33304

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.