Fort Lauderdale, FL 33304,1241 NE 16th Ter
Fort Lauderdale, FL 33304,1241 NE 16th Ter
Fort Lauderdale, FL 33304,1241 NE 16th Ter
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
11
Jan
Sun
12
Jan
Mon
13
Jan
$2,000,000
Est. payment /mo
0.26 Acres Lot
Save

UPDATED:

11/19/2024 05:26 PM

Key Details

Property Type Multi-Family, Commercial

Sub Type Income/Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID F10472248

HOA Y/N No

Total Fin. Sqft 11480

Year Built 1969

Tax Year 2024

Lot Size 0.264 Acres

Property Description

This remarkable multifamily property offers a blend of impeccable location and income-generating potential in the center of Fort Lauderdale. It offers 7 conforming units with an additional non-conforming unit. The versatile layout includes 3 studio apartments, 3 1-bedroom/1-bath units, and a spacious 3-bedroom/2-bath residence, accommodating everyone seeking ample living space.
This fully-leased multifamily asset stands as a premier income-generating opportunity, anchored by a solid base of long-term, quality tenants. Beyond stable rental income, the property also benefits from an additional passive revenue stream through its on-site, coin-operated laundry facility, offering investors a consistent boost to overall cash flow.

Location

State FL

County Broward County

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

Zoning RC-15

Exterior

Water Access N

Private Pool No

Others

Pets Allowed No


Read Less Info
BeachesMLS Matrix (RAPB-F prefix)
Listed by Native Realty Co.

GET MORE INFORMATION

agent

Paul Clarke

+1(954) 336-9737

Broker

Broker

Name

Phone*

Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.