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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

  • 125 days 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

12/28/2024
SEF

SEF #A11661378

Listed
$449,900
10/03/2024
SEF

SEF #A11661378

Pending
$449,900
09/19/2024
SEF

SEF #A11661378

Listed
$449,900
-4.26%

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

$62,707

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

$188,052

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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1325 NE 5th Ave, Fort Lauderdale, FL 33304

Status: Active

Tomo last checked: 01/22/2025 at 3:05 AM

Listing updated: 12/27/2024 at 9:50 PM

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

MLS: SEF #A11661378

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