Active
312 NE 16th Ter
Fort Lauderdale FL, 33301
$3,299,000
$762.77 per sqft
Active
4,325 sqft
Commercial
Built in 1958
Rare opportunity in coveted Victoria Park! Prime multi-family property boasting 5 legal units in Fort Lauderdale's most desirable locale. Steps from Las Olas and downtown, with the beach just 10 minutes away. This unique corner lot spans 10,000 sqft, presenting endless potential for savvy investors. Explore the possibility of developing 3 to 4 townhomes, capitalizing on the rapidly expanding new development scene. The fifth unit, a 2-bed, 1-bath gem, currently generates $3,400/month in rental income. Don't miss your chance to secure a lucrative investment in this thriving community!
A11570702
MLSⓇ ID
April 16, 2024
Listed
May 9, 2024
Updated
Map
312 NE 16th Ter
Fort Lauderdale FL, 33301
Interior Features
Floor Description
Ceramic Floor, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
No
Exterior/Building Features
Lot Size
0.27 Acres
Lot Features
Corner Lot, Near Airport, Near Seaport, In Residential Area
Roof
Other
Sewer
Public Sanitation
Other Property Details
Taxes
$38,615
Tax Frequency
Annually
Garage
No
View
No
County
Broward County
Water Source
Public
Pool
No
Zoning
RC-15
Buyer Agency Compensation
2,5%
Listed by: Vera Realty LLC
Listing Contact: 754-610-1289
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 Miami Association of REALTORS® all rights reserved.
Data last updated 3:07 AM UTC, 5/9/2024.