$1,399,000 $7,510 est/mo Sourced by Back At You

424-428 NE 16th Avenue,Fort Lauderdale, FL 33301

Fort Lauderdale FL, 33301

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Description

Phenomenal Multi-Family with a Charming Victoria Park House PLUS THREE ADDITIONAL rental cottages. Prime location in the Southeast corner of Victoria Park, close to Las Olas Blvd and Fort Lauderdale Beach. This Spacious 8750 sq ft lot includes a lovely 3/2 Main House [now being used as a 2/1 & efficiency] with original hardwood floors, updated kitchen and bathrooms and a fenced in backyard. In addition, there is a detached Studio and a Duplex that includes two 1bedroom /1bath apartments. All apartments have Granite Countertops and private outdoor patio. This property generates over $116, 000 in gross annual revenue, potential to generate $140, 000+ yielding above a 7% CAP. Zoned RC-15 the city will allow up to 3 townhomes. Seller accepts Conventional Loans with only 5% Down Payment!

Details

MLS#F10422748
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusPending
Year1939
Days On Site66
Listing Provided ByThe Keyes Company | Dave Bartol

Features

SQ Feet2,726
Story(s)1
Units4
ZoningRC-15
Acreage8750.00

Market Activity 33301

The information is being provided by Beaches MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Beaches MLS. All Rights Reserved.

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StateFL
CountyBroward County
CityFort Lauderdale
Zip Code33301
Area3270
SubareaFt Ldale NE (3240 3270;3350 3380;3440 3450;3700)
Community NameMiddle River Park 5 28 B
Listing VS Median (in Middle River Park 5 28 B)
Price:
$1,399,000
low | high
Med:
$701,345
99.868120085776% of Average
SqFt:
2,726
low | high
Med:
1,963
77.989728539985% of Average
$ / SqFt:
$513
low | high
Med:
$258
99.700412794853% of Average
On Site:
66
low | high
Med:
72.500000
91.034482758621% of Average
Sourced by Back At You
Listing Updated: April 9, 2024 at 10:42:44 AM PDT