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Residential Income
$3,299,000
312 NE 16th Ter Fort Lauderdale, FL

A11570666

383 of 405 for Sale
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an agent
  • Listed On:

    Apr 16, 2024
  • Days on Market:

    19
  • Year:

  • Taxes:

    $38,615 per year
  • Floor Description:

    Ceramic Floor, Tile
  • Occupancy:

  • Zoning:

  • Parking:

312 NE 16th Ter Fort Lauderdale, FL 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!

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For Sale Details

  • Floor Description

    Ceramic Floor, Tile

  • Heating Description

    Electric

  • Photo Count

    70

  • Property Type

    Residential Income

  • Terms Considered

    Conventional

  • Year Built

    1958

Any questions about Residential Income?
Contact our Fort Lauderdale Real Estate Specialist today.

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