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$449,900

Beds
3
Baths
2.0
sq ft
1,156

1345 NE 5th Ter, Fort Lauderdale, FL 33304

1345 NE 5th Ter

Fort Lauderdale, FL 33304

  • <1 day on market
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

Details

Property type

Single Family Residence

Est. home value

$483,290

Property condition

Fixer

Lot size

6,760 sq ft

Price per sq ft

$390

Year built

1925

Annual property taxes

$7,010

Price History

09/19/2024
SEF

SEF #A11661378

Listed
$449,900
-4.26%
09/18/2024
SEF

SEF #A11435817

Removed
$469,900
06/21/2024
SEF

SEF #A11435817

Pending
$469,900

Schools & Community

Neighborhood: 

Middle River Terrace

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Department Of Housing & Urban Dev

Loan start date

August 2021

Original loan amount

$67,701

Est. remaining balance

$63,217

Interest rate

3.02%

Loan type

FHA, 30 year

Seller

Jean M Joseph and Manette Jules

Lender

Castle & Cooke Mortgage Llc

Loan start date

August 2016

Original loan amount

$230,743

Est. remaining balance

$189,990

Interest rate

3.48%

Loan type

FHA, 30 year

Seller

Jean M Joseph and Manette Julies

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/19/2024 at 7:20 PM

Listing updated: 09/19/2024 at 5:08 PM

Listed by: Jean M. Sorel, First Class Real Estate, LLC. Phone #: (800) 731-6092

MLS: SEF #A11661378

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