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312 NE 16th Ter, Fort Lauderdale FL 33301

Commercial For Sale
$3,299,000

BTC: 52.35585476

ETH: 1,029.93331502

13 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

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!

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1958
Lot:
11691 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Ceramic Floor

    • Tile

    Cooling

    • Wall/Window Unit(s)

  • Lot

    • Lot: 11691 Square Feet

    Other Property Information

    • Parcel Number: 504202150780

    • Zoning: RC-15

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $38,615

  • Source details

    • MLS ID: A11570702

    Other facts

    • Construction Materials: Aluminum Siding / CBS Construction

    • Lot Features: Corner Lot / Near Airport / Near Seaport / In Residential Area

    • Window Features: Clear Impact Glass

    • Water Source: Public

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Listing courtesy of: Vera Realty LLC