1345 NE 5th Terrace, Fort Lauderdale, FL 33304

$450,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,156 Status: Closed
Current Price: $450,000 List Date: 9/19/2024 Last Modified: 8/16/2026

Overview

Description

Deal of the Century! Don’t miss out on this incredible opportunity! Corner property centrally located in the heart of Ft. Lauderdale. The property is being sold “As-Is”, with a Real Market Value of $522K and an AVM Range of $483K - $561K. The buyer stands to gain at least $100K in instant equity! • Roof: Approximately 2 years old • Firm asking price • Due diligence/inspection: Maximum of 3 days • EMD: Minimum $10K required • Cash buyers only - no inspection, appraisal, or financing contingencies • Escrow: Buyer MUST use seller’s title company • Proof of Funds: Required, no older than 30 days This property offers incredible potential, easily convertible into an Airbnb, duplex, triplex, commercial unit, or even a church. Great deal, won’t last long! Call us now to take advantage of this DEAL

Listing Details MLS# A11661378

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
3
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1156
Living Area Main
1156
Adjusted Area Main
1116
Year Built
1925
Lot Size Area
6760
Lot Size Acres
0.16
Senior Community YN
No
Stories Total
Yes
Direction Faces
East
Pool Private YN
No

Property Features

Flooring: Ceramic Tile; Tile Parking Features: On Street Property Condition: Resale Appliances: Electric Range; Refrigerator Construction Materials: Block; Brick; CBS Cooling: Central Air Fencing: Fenced Heating: Central; Other Interior Features: Other Levels: One Listing Terms: Cash Possession: Negotiable Restrictions: No Restrictions Roof: Shingle Sewer: Public Sewer Special Information: Handyman Special; Sold As-Is View: Other Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only Contingencies: Inspection Room Types: Attic

Contract Information

Comp Sale YN
No
Original List Price
449900
Owner Phone
954-557-9582
Occupant Type
Owner

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
1345
Street Direction Prefix
NE
Street Name
5th
Street Suffix
Terrace
City Name
Fort Lauderdale
State Or Province
FL
Postal Code
33304
Postal Code +4
1102
Postal Zip
33304
Subdivision Name
PROGRESSO
Area
3370
Geographic Area
FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Parcel Number
494234027360
Subdivision Number
2
Zoning
RM-15
Flood Zone
AE
Directions
PLEASE USE GPS, MAPQUEST , GOOGLE MAPS , ECT

Financial Information

Membership Fee Required YN
No
Tax Annual Amount
7010
Tax Year
2023
Tax Legal Description
PROGRESSO 2-18 D LOT 1 BLK 87

Status Change Information

Major Change Timestamp
2025-02-27T22:41:43Z
Major Change Type
Status Change
Status Change Date
2025-02-27
Under Contract Date
2025-01-24
Close Date
2025-02-27
Close Price
450000
Buyer Financing
Conventional

More Information

Buyer Details

Country of Origin
United States
Intended Use
Investment
Buyer State
Florida
Zip Code
33023

Concessions

Seller Concessions
No

Section Details

Parcel Number MLX
7360

Originating Details

Originating System Key
401047967
Originating System ID
M00000151

Room Information

Room Name
Attic
IDX
Listing Office: First Class Real Estate, LLC.
Source MLS Verified
Last Updated: August - 16 - 2026
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