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312 NE 16th Ter, Fort Lauderdale FL 33301

Multi-family For Sale
$3,299,000

BTC: 49.23880597

ETH: 1,059.52140079

30 days
0 room(s)
4,325 sqft
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:
Residential Income
Parking:
No Data
Year Built:
1958
Lot:
No Data
Heating:
Electric
Price/sqft:
$763
Cooling:
Electric / Other
HOA:
No Data
All facts and features
  • Flooring

    • Ceramic Floor

    • Tile

    Heating

    • Electric

    Cooling

    • Electric

    • Other

  • Other Property Information

    • Parcel Number: 504202150780

    • Zoning: RC-15

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $38,615

  • Source details

    • MLS ID: A11570666

    Other facts

    • Construction Materials: Concrete Block With Brick / CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 4325

    • Subdivision Name: VICTORIA PARK CORR AMEN P

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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