Basic Information

  • MLS # A11570702
  • Type Commercial
  • Style MultiFamily
  • Status Active
  • Subdivision/Complex
  • Year Built 1958
  • Total Sqft 11,691
  • Date Listed 04/16/2024
  • Days on Market 33
Description

Rare opportunity in coveted Victoria Park! Prime multi-family property boasting 5 legal units in Fort Lauderdales 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 3,400month in rental income. Dont miss your chance to secure a lucrative investment in this thriving community!

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type AluminumSiding,Block
  • Parking Spaces 0
  • Parking Description
  • Roof Description Other

Interior Features

  • Adjusted Sqft 11,691
  • Cooling Description WallWindowUnits
  • Floor Description CeramicTile,Tile
  • Sqft 11,691

Property Features

  • Address 312 NE 16th Ter
  • Aprox. Lot Size 11,691
  • City Fort Lauderdale
  • Construction Materials AluminumSiding,Block
  • County Broward County
  • Furnished Info No
  • Listing Terms Cash,Conventional,Cryptocurrency
  • Occupant Type Tenant
  • Possession ClosingFunding,CloseOfEscrow
  • Postal City Fort Lauderdale
  • Roof Other
  • Sewer Description PublicSewer
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $38,615
  • Tax Information VICTORIA PARK CORR AMEN PLAT 10-66 B LOT 1 BLK 6
  • Tax Year 2023
  • Terms Considered Cash,Conventional,Cryptocurrency
  • Type of Property MultiFamily
  • Water Source Public
  • Window Features ImpactGlass

312 NE 16th Ter

Fort Lauderdale, FL 33301

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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 ©2023-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. tel: 305-833-3303

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