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312 NE 16th Ter, Fort Lauderdale, Florida 33301

Active For Sale
$3,299,000
  • Beds 0
  • Baths 0
  • Sq Ft 0 Sqft
  • Visits: 11 in 17 days

Description

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!

Features

  • Cooling System: Wall/window Unit(s)
  • Security: Smoke Detector(s), Fenced

Address Map

  • Country: US
  • State: FL
  • County: Broward
  • City: Fort Lauderdale
  • Zipcode: 33301
  • Street: 16th Ter
  • Street Number: 312
  • Floor Number: 0
  • Longitude: W81° 52′ 26.2”
  • Latitude: N26° 7′ 32”
  • Street Dir Prefix: NE
  • MLS Area: 3240

MLS Addon

  • Association Fee: $0
  • Close Price: $0
  • Flooring: Ceramic Tile, Tile
  • Insurance Expense: $0
  • Listing Terms: Cash, Conventional, Cryptocurrency
  • New Taxes Expense: $0
  • Road Frontage Type: City Street
  • Tax Annual Amount: $38,615
  • Tax Year: 2023
  • Window Features: Impact Glass

Location

Listing Updated: 2024-04-18 03:46:12

  • Property Type : Commercial Sale
  • Property Sub Type : Multi Family
  • Listing Type : For Sale
  • Listing ID : A11570702
  • Price : $3,299,000
  • View : Canal
  • Bedrooms : 0
  • Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 0 Sqft
  • Year Built : 1958
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 17
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